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This paper to seek discuss the importance and the roles of Financial Education (FE) in today present life. FE in today life has attracted the attention of stakeholders in many countries globally because FE programs are seen as a means to increased individual literacy level (FL) and improved individual financial behaviour. This paper seeks to discuss the function of FE in ensuring prudent financial decision and improved person financial behaviour. Further, this paper later expanded from concept and definitions of FE to the usefulness of FE. Significantly, FE aims at making individuals more financial literate, transform person to change for prudent financial decisions and provide them with the skills and competencies to take more responsibility in their personal financial management.
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In-Text Citation: (Bakar & Bakar, 2020)
To Cite this Article: Bakar, M. Z. A., & Bakar, S. A. (2020). Financial Education in 21st Century: An Effective Means to Improve Behaviour. International Journal of Academic Research in Business and Social Sciences, 10(2), 847–855.
Copyright: © 2020 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
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