What is financial literacy?

Questions › What is financial literacy?
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Nikhil Rawat asked 2 years ago
   
3 Answers
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Priya Vishwas answered 2 years ago
Financial literacy is the ability to use financial resources effectively. It includes knowledge of how to handle money, how to make financial decisions, and the understanding of personal finance.  
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Akshaj Singh answered 2 years ago
Financial literacy is the process of becoming financially literate and understanding how money works. It is important for people to understand how their personal finances work in order to make informed financial decisions.  
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Deepak Goyal answered 2 years ago
Financial literacy is the process of understanding and managing money, including the discipline of understanding and evaluating financial products. Financial literacy is a personal skill that can be learned by any individual.