Is it true that most people still don’t know and understand financial literacy and what are the benefits for them, even though there is a lot of online literacy on the internet.
Not a few people think that financial literacy is the same as financial inclusion, which is actually different.
For this reason, people need to know more about financial literacy and know what are the benefits for them.
Actually, a lot of digital materials on definitions that explain financial literacy are written by various parties, both individuals and institutions.
If the red thread is drawn, financial literacy can be interpreted as a series of processes or activities to improve the skills, knowledge, and confidence of consumers and the community so that they are able to manage personal finances better.
With a definition like this, the community is provided with literacy skills regarding adequate and sufficient educational knowledge to make better financial decisions, according to what they need and provide greater benefits.
The public needs to be given sufficient knowledge about various matters related to financial issues such as an introduction to financial service institutions, what financial products and services are, the features attached to financial products and services, the benefits and risks of financial products and services, and rights. and obligations as consumers of users of financial services.
