Finantsvalmidus
Finantsvalmidus, also known as financial literacy or financial competence, refers to an individual's ability to understand and effectively use various financial skills, including personal financial management, budgeting, saving, investing, and understanding financial products and services. It encompasses a range of knowledge and skills that enable individuals to make informed decisions about their financial resources, plan for future needs, and avoid financial pitfalls.
The concept of finantsvalmidus is considered essential for promoting economic well-being and financial stability at both
Educational initiatives, government programs, and financial institutions often promote finantsvalmidus as a means to empower consumers,
Despite its importance, levels of finantsvalmidus vary significantly across different populations and age groups. Factors influencing
Overall, finantsvalmidus plays a crucial role in fostering responsible financial behavior, ensuring financial independence, and supporting