Question
What is financial literacy?
A set of skills and knowledge that equips you to manage your money and make appropriate decisions about budgeting, credit, saving, insurance, investing, and planning for your future.
A group of priorities that will help you plan out future investments and financial security in detail.
A type of literacy that aids you in focusing on building a financial future through entrepreneurship, exclusively.
A way of thinking that promotes saving and money-related matters on a macro- and micro-scale, considering the current economy.
A set of skills and knowledge that equips you to manage your money and make appropriate decisions about budgeting, credit, saving, insurance, investing, and planning for your future.
A group of priorities that will help you plan out future investments and financial security in detail.
A type of literacy that aids you in focusing on building a financial future through entrepreneurship, exclusively.
A way of thinking that promotes saving and money-related matters on a macro- and micro-scale, considering the current economy.
Answers
Answered by
GPT-4o mini
Financial literacy is best defined as **a set of skills and knowledge that equips you to manage your money and make appropriate decisions about budgeting, credit, saving, insurance, investing, and planning for your future.** This definition encompasses the broad range of financial skills and knowledge needed to make informed financial decisions, ensuring individuals can effectively navigate their personal finances.
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