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2023 | OriginalPaper | Buchkapitel

5. Financial Capability and Financial Well-Being for a Sustainable Society

verfasst von : Vinay Kandpal, Deep Chandra, Narendra N. Dalei, Jatinder Handoo

Erschienen in: Financial Inclusion in Circular Economy

Verlag: Springer International Publishing

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Abstract

Financial capability of an individual is the ability to use and manage financial products for current and future financial needs with adequate financial knowledge. Financial access can, directly and indirectly, benefit small firms and poor households, make them more capable of taking advantage of investment opportunities and insures them against risks. Consumers of financial products and services require a secure, transparent marketplace and the financial means to navigate that market successfully. A growing agreement is emerging that the ultimate measure of financial literacy success is individual financial well-being should be improved through efforts.

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Vorheriges Kapitel Financial Literacy for Promoting Sustainability

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Titel: Financial Capability and Financial Well-Being for a Sustainable Society
verfasst von: Vinay Kandpal
Deep Chandra
Narendra N. Dalei
Jatinder Handoo
Verlag: Springer International Publishing
Buch: Financial Inclusion in Circular Economy
Print ISBN: 978-3-031-22722-6

Electronic ISBN: 978-3-031-22723-3

Copyright-Jahr: 2023
DOI: https://doi.org/10.1007/978-3-031-22723-3_5

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