Post
Topic
Board Economics
Re: Financial education and why it should be a priority.
by
edy_58
on 29/01/2024, 05:32:00 UTC
Given the impact it has on our financial well-being as adults, it is unfortunate that financial education is not widely taught in schools. The ability to educate oneself about finances is a crucial skill that enables individuals to make decisions regarding their finances that are based on solid information and can last. We are easily consumed by laziness and possessions that are not necessary because humans are like that. It is not bad for us to occasionally become lazy and purchase items that are unimportant. But assuming it influences our funds and there are numerous obligations, it is not beneficial any longer.
If schools do not teach financial skills then it will be very difficult to manage their finances when they have a fixed income, they will not use their income on things that are useful for themselves so that the income they earn will not be enough to meet their needs and when they spend their income and also this will be very difficult for them because they don't have good financial management skills, so if we don't get them at school it would be better for us to look for ourselves so that we can have good financial management skills so that we can properly manage the income we have.

If someone is lazy in spending their money on things they don't need then they can limit their spending on things they don't really need, of course this is a very good thing because we will be able to save the income we have well and we will also be able to invest it if we have wanted.