Financial Literacy and Personal Financial Planning Quiz

Possession of financial knowledge and skills to make informed choices (correct)

Understanding of personal financial goals and strategies

Understanding of an individual's current financial position

Ability to purchase goods and services for personal use

It is a tangible item that can be touched

It is a desire but not necessary for survival

It is an intangible activity

It is a necessity for survival (correct)

An overview of an individual’s current financial position (correct)

Setting financial goals and developing plans to reach them

Purchasing goods and services for personal use

Possession of financial knowledge and skills

<p>It is something a person desires but can live without</p> Signup and view all the answers

<p>An individual who purchases goods and services for personal use</p> Signup and view all the answers