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Snezhnost [94]
2 years ago
7

What is financial literacy and why is it important.

Business
1 answer:
FromTheMoon [43]2 years ago
8 0

Answer:

Financial literacy is a set of skills and knowledge that allows one to make effective decisions with their financial resources.

Explanation:

Why is it important? Well, being financially literate ensures financial stability and security. It also allows you to have a variety of different financial skills; such as creating a budget, understanding how credit works, being able to save for retirement, and becoming wiser with how to manage your money.

Hope this helps! Have an amazing day! :D

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Complainer in the workplace?


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