6 apps that can boost your financial literacy

economictimes.indiatimes.com:

saving, spending and investing decisions, such as allocating money for life goals, sticking to a budget, making investments in different assets, and devising strategies for a rainy day. It is a crucial life skill, and when instilled at a young age, it can become a cornerstone for building a prosperous future. Learning about money management early lays the groundwork for responsible financial behaviour as an adult and helps navigate the complexities of personal finance confidently.

Using apps can be a convenient and effective way to enhance the understanding of personal finance. Here are some of the most popular financial literacy apps, all of which are available for both iOS and Android systems.TRADING GAMERATING: 4.4DOWNLOADS: 1 million+COST: FreeUSP: Its real-time market data makes live trading possible without the financial risks. THE APP COVERS an array of subjects, including stocks, crypto and investments.

Its lessons delve deep into the basics of economics and financial elements that underpin stock prices. The easy-to-use interface makes the app experience very smooth. The app also has a virtual stock market that lets you interact with real-time market analytics to buy and sell stocks and compete with friends on a global leader board.INVESTMATERATING: 4.6DOWNLOADS:1 million+COST: FreeUSP: It lets you set your learning goals and track progress on a daily basis.

INVESTMATE PROVIDES COURSES, tips and quizzes on personal finance. The jargon-free financial glossary makes complicated concepts more understandable for the uninitiated. The app allows you to begin your trading journey right from the basics.