THE ROLE OF FINANCIAL LITERACY IN FAMILY INCOME GENERATION
Keywords:
Financial literacy, financial literacy criteria and evaluation indicators, government programmes, credit, types of credit, financial education, planning, financial knowledgeAbstract
Today, improving financial literacy is a global challenge. Expert economists from a number of international financial institutions are conducting research on different lines of different methodological approaches to assessing the level of financial literacy of the population. These studies focus on assessing the ability of households, families and individuals to manage their financial resources and their effective solutions by assessing the level of financial literacy of the population. In addition, the impact of the level of financial literacy of the population on the standard of living of the population is also assessed. In this case, the monetary characteristics of households, families or individuals are formed through monetary indicators.