The high cost of living has made it difficult for people to manage their finances effectively. Therefore, individuals must have the appropriate financial knowledge or literacy to make informed decisions about their financial future Personal financial literacy is a crucial skill necessary to navigate the current economic climate in Bangladesh. Being financially literate involves having financial goals, a budget, a retirement plan, an emergency fund, and more. 

To read more click: The Business Standard- Panorama (The importance of personal financial literacy in trying times by Mehedi Shamim)