According to the principles of financial education, Fred should buy the materials he needs and leave it to buy the pair of designer jeans at another time.
<h3>What is financial education?</h3>
- It is teaching how to use money in a coherent way.
- It is teaching how to organize finances.
- It is teaching about being economically stable.
One of the main principles of financial education is the use of money in necessary elements. Therefore, we can say that Fred should spend the money he received on the materials he needs, as a pair of designer jeans is not something of extreme necessity.
However, financial education says that we should be happy with the use of money. That means Fred shouldn't give up the urge to own a pair of designer jeans. he will just have to wait a little longer, save money and buy them consciously.
More information about financial education is at the link:
brainly.com/question/10565546
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