improvements in financial knowledge

Improvements in financial knowledge mean better understanding of money management, investments, budgeting, and debt. This enables individuals to make informed decisions, plan for future needs, and avoid common pitfalls. With increased financial awareness, people can optimize savings, reduce unnecessary expenses, and grow their wealth responsibly. It also helps in understanding financial products and risks, leading to more confidence and control over personal finances. Ultimately, better financial knowledge empowers individuals to achieve their financial goals and build a more secure, stable financial future.