Financial Literacy of Small Borrowers in Nepal

The book "Financial Literacy of Small Borrowers in Nepal" by Ramesh Prasad Chaulagain offers a comprehensive analysis of the financial education of small borrowers in Nepal. At a time when financial literacy is becoming increasingly important, the work examines how understanding money management, including spending, borrowing, and saving, influences individuals' behavior and financial well-being. By applying the theory of planned behavior and social cognitive theory, it illustrates how knowledge and skills in finance not only shape attitudes but also affect actual behavior in financial matters. The book highlights the challenges arising from the monetization of the economy and the complexity of financial markets, emphasizing the need to educate consumers in financial matters to protect them from the risks of global financial crises.