Financial literacy is your knowledge of facts,concepts,principles,and technological tools that are fundamental to be smart about money.

Question

Quizplus · Accepted Answer

Financial literacy refers to having knowledge and understanding of various financial concepts, tools and principles that can help one make wise decisions regarding money management. It includes the ability to apply this knowledge practically to personal finance situations. Therefore, the statement is true.

Financial Literacy Is Your Knowledge of Facts,concepts,principles,and Technological Tools That