Post
Topic
Board Economics
Re: The Role of Education in Financial Literacy
by
wallet4bitcoin
on 22/10/2023, 03:48:17 UTC

Despite the differing opinions on the role of education in financial literacy, it is clear that individuals should seek out knowledge from a variety of sources to best equip themselves to succeed in the world of cryptocurrency. This can include following cryptocurrency news and social media, reading books and blogs on finance and investments, and seeking out practical experiences through investing and trading activities.


It is true that sufficient knowledge is required for one to be successful but amongst places to acquire financial literacy, the four walls of the classroom or educational institution isn't crafted to attend to the class of knowledge required to achieve such feat. Successful entrepreneurs are self-taught because they go for what knowlegdge is required to acquire the finances of the businesses they control. You know entirely, that the amount of information you have is what will take your business to greater heights, hence, you are ever in the quest to know more, but educational syllabus doesn't factor that in, they only make provision for what looks like foundation and then they graduate you.

I do not playdown, in any way, the investment in education but financial literacy isn't a product of the educational system alone but one's desperation to succeed drives him to know more and keep searching as long as he's in business.