Explanation:
Option 1:
When we spell the word "finance", the first vocabulary that comes to everyone's mind is the risk involved. There is always risk factor associated with investing of money/ doing a business. So we need the skill of tolerance when there is a loss.
Option 2:
The belief that we have on the financial aspect, decides our financial status. So the better control leads to good financial status.
Option 3:
This is essential for everyone who handles money. Knowledge on personal finance will guide the individual to handle money in an effective way.
