This book aims to equip readers with the skills to become financially sound and achieve financial independence. This comprehensive book is for the Value Addition Course introduced by the University of Delhi for Undergraduate students of all courses. This book is divided into four units, each dwelling on the key concepts of financial literacy, which are as follows: Financial Planning & Financial Products ? Discusses financial literacy in general and introduces the basic concepts such as: Financial Planning Spending Management Time Value of Money Banking Products & Digital Payments ? Makes the readers aware of the different banking products and services that banks offer, digitization of payments systems, and how to protect oneself from financial fraud Investment Planning & Management ? Discusses the various investment planning and management techniques. It delves into the different investment options available in the market. It also emphasizes the need for Life, General & Health Insurance in every individual's life