General financial knowledge for the elderly
What is financial literacy?
It is what provides "confidence to apply knowledge in a useful way, so as to make effective decisions in all possible financial and everyday contexts, fully participating in contemporary economic life".
The knowledge and understanding of the concepts and above all of financial risks.
Both are correct
Which sentence is the correct one when it comes to finance?
If you tend to save money, always keep something aside, get informed and thoroughly documented on inflation andinterest rates
Pay attention to your money especially your income and expenses, even simply through the functions of the Banking App in your possession
It is not necessary to compare and inform yourself about the characteristics before buying a product.
What should you do if you make an investment?
Not to concentrate investments on one thing only
Concentrate investment on one thing only
Nothing, leave the money in my bank and look at it from time to time.
What should you do if you have to sign a document and you don't understand it properly?
Never give your consent, or your personal data online (not only for financial activities..), without fully understanding what you are doing.
Don't give consent, don't sign anything if you don't fully understand
Both are correct
If you make purchases online
Do not check the payment before accepting the transaction
Consider taking out an insurance policy
There are secure payment platforms such as paypal