
Impact of Financial Education on Stress: Enhancing Well-Being, Confidence, and Financial Stability
Financial education significantly reduces stress by enhancing well-being, confidence, and financial stability. It empowers individuals to manage their finances effectively, leading to lower anxiety levels. Financial literacy promotes better decision-making, personalised budgeting, and proactive debt management strategies. Additionally, regional and demographic factors influence the effectiveness of financial education in alleviating financial stress. How Does Financial…