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The set of skills and knowledge needed to make informed decision about money matters is called

User Nahano
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financial literacy
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User Ofer Magen
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Answer:

The correct answer is financial literacy.

Step-by-step explanation:

Financial literacy are the abilities and skills of understanding or education that an individual possesses in financial areas, which will allow him to make good decisions regarding the financial resources he possesses.

The individual must be instructed as to what is necessary to rearrange a budget, keep track of the expenses he makes, pay his debts, etc., and thus be able to achieve financial stability. All this will be done through financial education.

Having education in this field will prevent a person from facing different scams, abusive loans, mortgages or poor decision making.

User KeitelDOG
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