Which of the following is one of the Financial Life Events listed in the Financial Literacy event?

Buying a car is indeed categorized as one of the Financial Life Events in the context of financial literacy. This event represents a significant financial decision that typically involves various considerations such as budgeting, financing options, and long-term financial impact. The process of purchasing a vehicle requires individuals to assess their financial situation, explore payment methods (such as loans or leasing), and understand the ongoing costs associated with vehicle ownership, including insurance, maintenance, and fuel.

On the other hand, traveling abroad, starting a business, and planning a wedding, while important financial considerations, may not fall under the same standard categories of Financial Life Events typically highlighted in financial literacy programs. Each of these situations involves financial planning, but the priorities and complexities might vary compared to the process of buying a car, which is often emphasized due to its prevalence and immediate financial implications for many individuals.