Today's financial world is highly complex when compared with that of a generation ago. Forty years ago, a simple understanding of how to maintain a current and savings account at local banks and savings institutions may have been sufficient. Now, consumers have to differentiate between a wide range of financial products and services, and providers of those products and services”. Women constitute almost half the human race. Education has been recognized as an essential agent of social change and development in any society and any country. Education considered as a potent instrument through which processes modernization and social change come into existence. Education exposes people to new thoughts and ideas and provides necessary skills hence, to think harmonies development without educating women is impossibility. Moreover it is rightly said that to educate the women is to educate the whole family. With rapidly changing financial markets and increasing individual responsibility for being make informed financial decisions has become of paramount importance. Not only is financial illiteracy widespread, but it is particularly severe among women.