How Financial Literacy Impacts Financial Well-Being: The Influence of Financial and Technical Efficacy

The fundamental human resource that influences financial well-being is financial literacy. People are more likely to save and invest if they understand the time value of money, credit, insurance, and investments. Having a sound financial understanding lessens stress and increases financial well-bei...

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Bibliographic Details
Main Authors: Naznin Sultana Chaity, Shahriar Bin Kabir, Parul Akhter, Rifat Parveen Bokhari
Format: Article
Language:English
Published: EconJournals 2024-03-01
Series:International Journal of Economics and Financial Issues
Subjects:
Online Access:http://econjournals.com/index.php/ijefi/article/view/15806