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.
<h3>What is financial education?</h3>
- 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.
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Angela Duckworth was teaching math when she noticed something intriguing: The most successful students weren’t always the ones who displayed a natural aptitude; rather, they displayed something she came to think of as grit. Later, as a graduate student in psychology at the University of Pennsylvania, she defined the term — a combination of passion and perseverance for a singularly important goal — and created a tool to measure it: the “grit scale,” which predicted outcomes like who would graduate from West Point or win the National Spelling Bee. As a result of this work, Dr. Duckworth was named a MacArthur “genius” in 2013, and the notion of grit has become widely known. Her new book, “Grit: The Power of Passion and Perseverance,”
Answer: I’m going to be completely honest i don’t really know but I do believe that it’s D (I could be wrong)
Explanation: