Work

Enhancing Financial Literacy: A Survey of Online Resources and Practical Tools for Effective Financial Management

Year: 2024

Type: article

Abstract: Financial literacy is essential for effective personal finance management, yet many individuals struggle to navigate financial concepts. This paper presents an overview of two innovative platforms aimed at enhancing financial literacy. A comparative analysis of these platforms highlights their unique strengths; the personal finance website offers practical, real-time budgeting tools, while the game fosters interactive learning and collaboration. Both approaches effectively address different aspects of financial literacy but serve distinct user needs. Key findings suggest that integrating gamification into budgeting tools could enhance user engagement and learning retention. Keywords: Financial Literacy, Personal Finance, Customised Financial Plans, Web Application, Financial Stability, Financial Independence, Interactive Learning, Savings Planning

Source: INTERANTIONAL JOURNAL OF SCIENTIFIC RESEARCH IN ENGINEERING AND MANAGEMENT

DOI: 10.55041/ijsrem38405

Authors: Prof. Arunadevi S. Khaple, Bhavana Pillai, Harshal Pinge, Ankita Pol, Yashada Tembe

Language: English

Topic: Financial Literacy, Pension, Retirement Analysis

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: bronze

OpenAlex ID: W4404105691

FWCI: 1.019

Cites: 8

Cited by: 1

Related to: 10