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Deficiency of financial education – a national challenge and how to overcome it

What is financial education? Financial education is the knowledge to understand the basic financial principles and apply them in our day-to-day life. What is deficiency or lack of financial education? To the root of this crisis is a sheer lack of financial education, and there lies our solution. It is high time that the education system incorporates financial education as a mandatory subject on a college level, but it will not happen soon.

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