Financial Literacy and Capital Market in Nepal
Financial literacy and Capital market Financial literacy is one of the most talked about terminology in finance lately. For a business student, everywhere we land in, we are about to heard this word. So, what does financial literacy actually means? Various experts have given myriad of answers over the years. In simple terms, it can be defined as the ability to understand and apply good financial management skill. One can be put into the bracket of financially literate, when she/he understand basic personal finance principles and terms and are able to do day to day finances successfully. This includes things like being able to make a budget (not the one the government makes) track expenditure pattern, calculate interest on savings and loans, mange credit cards etc. In simpler terms, it is about knowing how to generate, spend, invest and save money. The distant goal of financial literacy is financial stability and financial freedom. Once we are financially literate, we can diff...