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?

Question

anonymous · Answer

Very open question...what class is this from so therefore I could narrow down the reasoning a little better for you

anonymous · Answer

Since carl needs to make a judgement about his investments. Else he is going to get a low return, or even loose money. Worst is he may get scammed