Goyal Brothers Textbook of Financial Education for Class 7

Academic qualifications are important and so is financial education. The number one problem of the present generation and economy is the lack of financial literacy. It is important to make students financially aware and empower them to manage money effectively to achieve financial well-being.

According to Financial Literacy & Inclusion Survey, conducted by the National Centre for Financial Education (NCFE) in 2014, only 20% Indians are Financially Literate. NCFE, a joint initiative of financial regulators, has taken the responsibility of spreading financial education across all sections of society with the vision of creating A Financially Aware and Empowered India.

By providing financial education at a young age we can help students to develop the right attitude towards money which will make them responsible citizens, facilitating their full participation in society.