Respuesta :

Financially literate refer to a capability to understand how money flows works

Carl need to understand this to be able to make correct predictions that will benefit him in his investment activities

hope this helps
CharlieStryker
Carl started earning a paycheck and wants to invest some of what he earned. In this situation, why is it important for Carl to be financially literate?

Answer: The reason that it is important for Carl to be financially literate is so that he can learn how to invest his own money and manage it properly so that it continues to grow.

I hope it helps, Regards.

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