76% Indians Lack Financial Knowledge

Most financial literacy initiatives are disguised sales efforts.

- M Rajendran and Himali Patel

Whether paying back a student debt or investing for retirement, these decisions have long-term impact in our lives. However, we often fail to understand them due to lack of financial knowledge.

As per Organisation for Economic Cooperation and Development, “Financial literacy is a combination of awareness, knowledge, skill, attitude and behaviour necessary to make sound financial decisions and achieve individual well-being.”