Financial education is the process of understanding and developing knowledge and skills related to personal financial management.
It supports personal financial stability, helps avoid excessive debt and provides financial independence.
It is important because it helps individuals make smart financial decisions, manage debt and plan economically for the future, reduce financial risk and create long-term financial stability.
Having financial education is very important for everyone, because if they don't have financial education then it is very difficult for them to be able to manage their finances when they earn income later, everyone who can manage their finances well of course they will not have problems in terms of finances and they will be able to have savings and also other valuable assets.
When someone does not have financial education, of course it will be very difficult for them to manage their finances well so they will always fail in managing the income they earn, so it is very important for them to have financial education so they can manage the income they have well.