Importance of Financial Literacy in the new Indian retail investment landscape
The Covid-19 pandemic has put millions of lives in danger and put many people out of jobs or a financial crisis. The pandemic not only impacted everyone physically and mentally but also financially. This made people more self-aware of the importance of investments and saving for an unexpected rainy day. It is important to be financially prepared irrespective of our age, gender, education or living in metro or rural learning how to manage our finances can be life-changing.
As the economy now is on the path to recovery, a surge in investments, especially by retail investors is observed. But, the country’s lack of financial literacy is a grave concern as half knowledge is more dangerous than no knowledge.
Financial literacy can be one of the key
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