In the bustling streets of Karachi, there lived a woman named Maria. She was known for her vibrant spirit and the delicious samosas she sold at the local market. However, despite her hard work, Maria struggled to save money. Financial terms like ‘savings’, ‘interest’ and ‘investments’ were foreign to her.

This is not merely the story of a single individual named Maria in Pakistan, but rather a reflection of a broader issue that affects many of us. Not only are working women oblivious to the concept of financial literacy, particularly the power of savings, but the unsung managers of household — housewives — too.

As a result, the intricate workings of the banking system and the benefits of financial planning remain a mystery to a significant portion of the population. The repercussions are intense; when women are not empowered with the knowledge to save and manage finances, the entire country’s economic potential is curtailed.

This situation underscores the urgent need for us to comprehend the significance of financial literacy. According to the Brookings Institution, Pakistan........

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