Financial literacy is defined as a combination of financial awareness, knowledge, skills, attitude, and behaviors necessary to make sound financial decisions and ultimately achieve financial well-being. 

The New Education Policy 2020 (NEP 2020) has proposed the content and process of school education will be reoriented to develop holistic learners. The curriculum load will be reduced to key concepts and essential ideas, thus enabling space for deeper and more experiential learning. School education has been divided into three stages; the Preparatory stage (8 to 11 years), Middle stage (11-14 years), and Secondary stage (14-18 years). Well Being Shiksha Foundation's aim is to  promote financial education  at each stage of school education.