
Financial Literacy and Well-Being: Reducing Stress Through Empowering Money Management Skills
Financial literacy significantly reduces stress by equipping individuals with essential money management skills. It enhances well-being through improved budgeting, saving, and investing habits. Understanding financial concepts fosters confidence and informed decision-making, leading to lower anxiety levels. Practical steps, such as setting financial goals and utilising educational resources, further empower individuals to achieve financial stability. How…