Financial literacy is a crucial skill that today's Gen Z must master to navigate the complexities of modern finance. As young adults step into a world filled with financial options and pitfalls, understanding the basics of budgeting, saving, and investing becomes essential. Without this knowledge, it's easy to fall prey to debt traps, overspending, and poor financial decisions that can have long-lasting repercussions. One of the most significant advantages of financial literacy is the ability to make informed decisions. Gen Z has access to a plethora of financial products and services, from credit cards to investment platforms. By understanding how these products work, individuals can choose options that best suit their …financial goals and avoid those that may lead to unnecessary fees or complications. Being financially literate empowers young people to take charge of their financial futures confidently.