Financial Literacy Education and its Role in Promoting Family Economic Welfare

Abstract

This study discussed the role of financial literacy in supporting family economic welfare. The data search was conducted electronically on China data related to two variables: digital literacy and family success. After conducting an in-depth review, study, and discussion, we can conclude that financial literacy is closely related to family welfare. To train all family members to become financially literate, giving in the family must be applied so that family members understand how to manage their lives financially. We hope this finding will contribute new ideas for completing similar studies in other future.