Respuesta :

Reason for becoming financially literate includes building credit score, spending diligently, debt management etc

Basically, financial literacy refers to an education which helps to know how to manage money.

Reason for becoming financially literate includes:

  • It helps to build a brilliant credit score.
  • It helps to know how to spend diligently.
  • It give knowledge on best way to repay and avoid debt.
  • It helps to protect oneself from debt and bankruptcy etc

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