A lottery winner could still need financial literacy skills even though she is already rich.

a) true

b) false

Question

Business

Tyrone Oliver

25 July, 03:39

A lottery winner could still need financial literacy skills even though she is already rich.

a) true

b) false

+1

Answers (1)

Know the Answer?

Naima Nicholson · Answer 1

Answer: True

Explanation:

A person who has won the lotus does not make it a financially educated person. It has won the lotus and the lottery is a game of chance. It did not earn that money due to the financial decisions it made throughout its life, but from one moment to the next it became someone rich. Many people who win the lottery over time go back to those habits that have kept them in the situation they were in before winning the lotus, just because winning the lottery does not mean that they will stay in that same state.

A person who wins the lottery must begin to educate itself financially so that it knows how to invest its money since if it uses it excessively it can be left with nothing.

A lottery winner could still need financial literacy skills even though she is already rich.a) trueb) false

A lottery winner could still need financial literacy skills even though she is already rich.

a) true

b) false