What’s The Difference Between Financial Education And Financial Literacy

The difference between financial education and financial literacy is that financial education is broad it includes financial literacy, economics and others.

Financial literacy is the skill sets that allow someone to make informed and effective decisions with their financial resources. It’s the ability to mange your financial resources.

It’s the ability to understand how money works. how someone makes money, how someone manage money, how someone invests money and how someone spend it.

Financial education is the ability to understand how financial resources work. It helps someone to manage the expenses and planning for the future. It’s broad and includes financial literacy, economics and others.