Despite daily efforts to deal with life's economic issues, most
Ghanaians are financially vulnerable. This has made pursuing lifelong
ambitions more difficult. Given these realities, it is reasonable to
believe that financial literacy and consumer financial stability will be
a successful strategy for promoting economic stability. Financial
literacy is pivotal for making informed financial decisions at both the
household and macroeconomic levels. Although disputable, a high human
development index score indicates a country's population is in good
health, knowledgeable, and has a better standard of living. As a result,
linking household decisions to broader policy outcomes becomes
increasingly vital. This research aims to find a link between financial
literacy and consumer financial stability as well as their relationship
with macroeconomic stability.