Over the years,and now the percentage for education have increased massively and it is being taught in school mostly but the subject or topic FINANCIAL EDUCATION and how to go about it is muted.Why?? And I believe strongly that most rich have been able to bring up the topic at home and they expose it while they are on a round Table..
I think financial education has always been and is still part of the curriculum of the educational system. Each financial topic is introduced to pupils gradually based on their age and class. As they advance to junior and senior high school subjects like business studies, financial accounting, entrepreneurship education, and economics are introduced to the students. I am speaking based on the educational system of my country.
We are in a fast paced Global world now that everything is changing rapidly,regardless financial education should be introduced as a topic or a knowledge to be empowered to the children while growing up.Like me.now,as a woman while bringing up kids..I'll make sure I give them the basic highlights of the knowledge on Financial education to my kids in order to groom their mindsets and everything so they will get the knowledge on how to tackle issues relating to that.
Most parents assume now that we are in a fast-moving world hence their children should be introduced to diverse fields at a very tender age to enable them to succeed in life. This assumption might not be very correct. Children should be allowed to enjoy their childhood stage because they need to build other important aspects of their lives at this stage. They should not be forced to learn something that is above their level. Although we have some exceptional cases where children a naturally interested in finance at a very tender age, they should be allowed to mature before they are introduced to finance. Children at a tender age should be allowed to build their interpersonal relationships so that they can be able to build attributes like patience, compassion, love, selflessness, etc.
With this it will inculcate a nurtured desire and also financial stability and build them to be financially inclined from tender age.and I advice it should be utilised and implemented.
It is very important to expose children to financial education when they become teenagers and can understand these lessons. For now, I just give a few bucks to my children and tell them to save them in piggy banks and after a few months, we use the money to buy some local fowls. I ensure they help in raising the birds until they reproduce and in a few months we see the hens laying and hatching their eggs and we celebrate our profits from our investment.
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