PRIORITIES IN IMPROVING FINANCIAL LITERACY OF THE POPULATION: IMPLICATIONS FOR POLICY MAKERS AND EDUCATORS

This paper examines the importance of improving financial literacy among the general population and identifies key priorities that can enhance individuals' understanding of personal finance, thereby fostering economic stability and social well-being. As financial markets become increasingly complex and integrated globally, a financially literate population is crucial for promoting informed decision-making, improving savings rates, and mitigating risks of financial crises. This study explores the current state of financial literacy across different demographics and offers practical recommendations for policymakers and educators to advance financial education. The research is structured into four main sections: literature review, research methodology, discussion, and conclusion. The literature review discusses the existing challenges in financial literacy and the benefits of financial education, while the research methodology details the approach used to gather data. The discussion focuses on the most urgent priorities for enhancing financial literacy, and the conclusion provides actionable recommendations for policy changes and educational interventions.