Financial Literacy Emerges as a Shield Against Economic Instability

Amid global economic turbulence, financial literacy has gained renewed attention as a critical life skill. A recent study by the Iranian Institute for Economic Studies highlights that individuals with higher financial awareness are more likely to make rational decisions, avoid excessive debt, and build long-term financial security.

The study underscores the gap in financial education in Iran’s formal curriculum, leading many adults to lack basic skills such as budgeting, saving, and investing. Experts call for a national movement to incorporate financial education from primary school onward, through both public education and media campaigns. They argue that this would reduce household vulnerability, promote saving behavior, and empower citizens to plan for retirement and emergencies.