Question

What is the second step in the path to financial literacy?(1 point)
Responses

tracking your income and expenses
tracking your income and expenses

learning the different representations of money
learning the different representations of money

creating a trust for your kids
creating a trust for your kids

developing a diverse investment portfolio

Answer 1

tracking your income and expenses

This step comes after learning what money is and how it's represented; you must track income/expenses to understand and manage your finances.