Financial Literacy: The Cornerstone of Smart Economic Choices

Financial literacy—the ability to understand and apply concepts like budgeting, saving, investing, and managing credit—is increasingly viewed as essential in today’s economy. A recent national survey found that less than 40% of Iranian adults feel confident managing their finances, a gap that leads to excessive debt, poor investment choices, and economic stress.

Experts argue that the lack of formal financial education in schools leaves young people ill-equipped to navigate real-life financial challenges. Governments, educators, and media outlets are being called upon to promote financial education at all levels. With rising inflation, job insecurity, and the digitization of money, being financially literate is no longer optional—it’s survival.