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What’s the best definition of financial literacy?
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What’s the best definition of financial literacy?

User Deanmv
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24 votes
the confident understanding of concepts including saving, investing and debt that leads to an overall sense of financial well-being and self-trust.
User Mark Lapasa
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6 votes

Answer:

Financial literacy is the ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being. This definition stresses the importance of ability, and it speaks to knowledge, skills and life changes.

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User Ealfonso
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