Question

What is financial literacy

Answer 1

Answer: the ability to understand how to make sound financial choices so you can confidently manage and grow your money

Explanation: I took the quick check

Answer 2

Financial literacy is the possession of the set of skills and knowledge that allows an individual to make informed and effective decisions with all of their financial resources. An example of financial literacy is the advantages and disadvantages of fixed and variable interest rates are concepts that are easier to understand and make informed decisions about is you possess financial literacy skills.