Which of the following is not a factor in becoming money smart?

Becoming money smart involves a range of skills and knowledge that empower individuals to manage their finances effectively, regardless of their income level. Having a high income does not automatically equate to financial intelligence or money management skills. While a high income can provide more resources for saving and investing, the fundamental principles of personal finance, such as budgeting, understanding credit, and making informed investment decisions, are crucial for achieving financial stability and success.

The other elements listed, such as understanding credit card statements, budgeting effectively, and learning about investments, are all vital components of financial literacy. These skills help individuals track their spending, manage debt, and grow their wealth, which are essential aspects of becoming money smart. Thus, a high income is not a necessary factor in the journey to financial savvy, making it the correct answer to the question.