Which of the following is NOT a part of Money Smarts?

The correct answer is learning investment strategies, as it is not typically considered an essential component of the foundational concept of Money Smarts. Money Smarts is more focused on fundamental skills and knowledge that help individuals manage their finances effectively in everyday situations. This includes managing money behavior, basic math skills for budgeting and transactions, and understanding the terminology associated with finance—essentially, the foundational skills necessary for financial literacy.

While understanding investment strategies can be beneficial for growing wealth and making informed decisions regarding investments, it is more advanced and specialized compared to the other options which are designed to help individuals develop a strong base for managing their personal finances.