Tags: finance

Financial literacy empowers young people to make informed decisions about saving, spending and earning. Practical knowledge can improve household resilience and support entrepreneurial efforts.1. Understand Income and ExpensesStart by listing all sources of income and regular expenses. This helps identify areas to save or reallocate funds.2. Create a Simple BudgetAllocate portions of income to essentials, savings and small discretionary spending. Even a small monthly saving habit builds security over time.3. Save for EmergenciesA basic emergency fund (even a small amount...