Financial

Finanicial literacy is the ability to understand finance. The ability to use the knowledge and skill to manage one's finance/money.

Finanicial illiteracy is the ability to not  understand finance. Don't know how to use the knowledge and skill to manage one's finance/money.

To be able to use their money wisely. It can either rise or lower debt.

Some factors are education and knowledge.

Some behaviors include accepting first offer without thinking about it, and not trying to bargain to lower the price.

Checking how much a person spend.

People can lose their money or use too much money on unneccessary things. Learn how to finance your money.