
Financial Literacy and Quality of Life: Reducing Stress, Enhancing Well-Being, and Empowering Decisions
Financial literacy significantly reduces stress and enhances overall well-being. It empowers individuals to make informed financial decisions, leading to better budgeting and saving strategies. Improved financial knowledge fosters resilience against financial shocks and promotes proactive health investments. Practical strategies for enhancing financial literacy include setting clear goals, creating budgets, and seeking educational resources. How does…