Financial education and why it should be a priority. - page 11.

sunsilk

hero member

Activity: 3038

Merit: 634

Quote from: Barikui1 on January 14, 2024, 01:55:41 PM

Financial education is a skill that is not been taught in schools, but to me it's the most important subject a man must learn in other to be financially independent.

There is a need to revise these curriculum and syllabuses of the schools and we need more of these type of education than of the subjects that teaches us theoretical things.

I am not against with the current system but change is need for the younger generation to understand what is a must in today's world.

Not just about financial education but also other things like life survival skills, cooking at a young age but I know some schools does this but it is not a standard for most.

Stalker22

legendary

Activity: 1526

Merit: 1359

Quote from: Barikui1 on January 14, 2024, 01:55:41 PM

~
I still don't know why it's not been taught in schools up till now.

I think teaching kids about money and finance is important these days. More and more schools get that, which is great and I read that almost half the states in the US actually make taking a personal finance class mandatory before high schoolers can graduate now. That was as of 2022. And places like the Nordic countries have been on top of this whole thing for awhile - they want all their students learning the basics of money pretty early on.

I am all for that. These kids are gonna have to manage bank accounts, loans, investing taxes. Schools should totally cover the basics so they dont feel so overwhelmed by all that stuff when they grow up. Sure, parents can try teaching it at home too but most dont really know where to start. Better to have a teacher lay it all out for them in a structured way in my opinion. More countries should hop on board and make financial literacy part of the core curriculum if you ask me.

DVlog

full member

Activity: 504

Merit: 212

Quote from: Barikui1 on January 14, 2024, 01:55:41 PM

Financial education is a skill that is not been taught in schools, but to me it's the most important subject a man must learn in other to be financially independent.
This knowledge gives you smart money making decisions, and it improves your standards of living, It gives you priceless money management skill, you can't spend more than what you earn as a financial literate.
I still don't know why it's not been taught in schools up till now.
The rich dad poor dad by Robert kiyosaki explain all what it entails and the stability it gives financially.

Financial education can be learned from experience. It is not true that financial education is not taught in schools the thing is traditional education curriculum taught us only that is needed to be a good worker, not an entrepreneur. Many developed countries where the education system is much more advanced taught higher education about business but in 3rd world countries they give priority to being a skilled and efficient worker.

In Rich Dad Poor Dad book the author advises us not be be in a rat race. Actually he is right about it because our current society have created the system in a way that if you are not financially knowledgable you won't be able to get out of this rat race. The most frightening thing is most of the people don't even realize that they are in the rate race until it is too late to turn back.

Barikui1

sr. member

Activity: 266

Merit: 205

Financial education is a skill that is not been taught in schools, but to me it's the most important subject a man must learn in other to be financially independent.
This knowledge gives you smart money making decisions, and it improves your standards of living, It gives you priceless money management skill, you can't spend more than what you earn as a financial literate.
I still don't know why it's not been taught in schools up till now.
The rich dad poor dad by Robert kiyosaki explain all what it entails and the stability it gives financially.

Topic: Financial education and why it should be a priority. - page 11. (Read 1682 times)