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In today’s complex economic environment, financial literacy is no longer a luxury—it is a necessity. Financial education, often overlooked in traditional education systems, is crucial for helping individuals make informed and effective decisions with their financial resources. Whether it's budgeting, saving, investing, or planning for retirement, a solid foundation in financial education can lead to greater financial stability and independence. In this article, we will explore in detail why financial education is essential, how it impacts various aspects of life, and why it should be a core subject in every educational curriculum. What is Financial Education? Understanding the Basics Financial education refers to the process of building knowledge and understanding of various financial concepts, such as income, expenses, budgeting, saving, investing, credit, debt, and retirement planning. It helps individuals develop the skills necessary to manage financial resources efficiently thr...