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A national strategy for financial education
Bhaskar Nath Biswal
The growing need for financial education for families to take prudent and rational investment decisions and to ensure their economic security has been widely recognised. The Covid-19 pandemic has exposed our financial weaknesses which necessitated some sort of economic security at the individual as well as organisational level. Sudden changes in the income flows shattered the lifestyles of many. Life went as it is for those who made better financial decisions for themselves and their families, increasing their economic security and wellbeing. Thus, being financially literate is not only important for the household, but also for communities and societies. (Hogarth, Jeanne M., 2006).