Question

Can someone please help me with this question ASAP? (Not exactly sure on to put for the subject became this question is in my Personal Financial Literacy)
- Enter a brief statement about any misconceptions you've had about what it means to be financially literate. Also, enter a brief statement about financial habits or attitudes that you discovered about yourself–both good and bad.

Answer 1

A misconception about financial education is the idea that it will help the individual to only spend money on what is necessary and not spend money responsibly.

What is financial education?

• It is a discipline that wants to educate individuals about their finances.
• It is a discipline that wants to help people spend money coherently and satisfyingly.

Many people believe that financial education will help a person to spend money only on necessary things that it is impossible to live without. This is a mistake, as this is not the purpose of financial education.

Financial education wants to help people to spend rationally, and avoid impulses and unnecessary expenses, allowing the individual to have better savings, have their needs met, and be happier.

Learn more about financial education at the link:

brainly.com/question/919597

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