Which of the following is NOT a currently a component of financial literacy?

An understanding of the social and emotional aspects of money which may hinder our ability to effectively manage our personal finances.

The ability to manage personal finance matters in an efficient manner, and it includes the knowledge of making appropriate decisions about personal finance such as investing, insurance, real estate, paying for college, budgeting, retirement and tax planning.

The education and understanding of various financial areas including topics related to managing personal finance, money and investing.

The possession of the set of skills and knowledge that allows an individual to make informed and effective decisions with all of their financial resources.