asked 7.5k views
3 votes
A lack of financial literacy can cause you to lose ur.. A.as cardB. Citizenship. C. Civil rights. D. Life savings

asked
User Jiemurat
by
7.8k points

2 Answers

3 votes
The answer is D. Life savings.
answered
User Jim McAdams
by
8.3k points
4 votes

Answer: D. Life savings

Explanation:

Financial literacy is a combination of knowledge and skills which facilitates an individual to take effective decisions for their economic resources. It suggests oneself how to save and spend the available resources.

In the absence of financial literacy or lack of proper literacy one may loose it's life savings. It may occur due to bank frauds, unplanned schemes, and other reasons.

answered
User Morris S
by
8.1k points
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