Respuesta :

The answer is D. Life savings.

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.