Money is important in all facets of an economy. It serves as the unit in terms of which the value of all goods and services are measured and expressed. It allows one to place specific values on economic goods and services are otherwise known as price.

In the last five decades, the concept of women empowerment has undergone a sea change from welfare-oriented approach to equity approach. It has been understood as the process by which the powerless gain greater control over the circumstances of their lives.

All humans experience distinctive phases of development, which incorporates, prenatal period, post-natal period, childhood (early, middle and late), adolescent, young adulthood, middle adulthood and late adulthood. Adolescence is a time of transition, where they struggle to deal with the physical, cognitive, and social changes throughout this formative period.