What is financial literacy?

Both are correct

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.

Which sentence is the correct one when it comes to finance?

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.

If you tend to save money, always keep something aside, get informed and thoroughly documented on inflation andinterest rates

What should you do if you make an investment?

Nothing, leave the money in my bank and look at it from time to time.

Concentrate investment on one thing only

Not to concentrate investments on one thing only

What should you do if you have to sign a document and you don't understand it properly?

Don't give consent, don't sign anything if you don't fully understand

Both are correct

Never give your consent, or your personal data online (not only for financial activities..), without fully understanding what you are doing.

If you make purchases online

Consider taking out an insurance policy

There are secure payment platforms such as paypal

Do not check the payment before accepting the transaction