Question

Define financial literacy

Answer 1

Financial literacy is the ability to understand how money works in the world: how an individual manages to earn or make it, how that person manages it, how she/he invests it (turn into more) and how that person donates it to help others.

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Answer 2

Financial literacy means the power to understand how money works in this socity. like how someone maneges money or makes money. How someone investets in to it and how someone donates it