Quote from: Getmon on February 14, 2024, 06:13:46 PM

Quote from: uswa56 on January 29, 2024, 07:05:29 AM

Quote from: Getmon on January 29, 2024, 04:20:58 AM

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.

I don't think that it should be taught in school, education about one's own finances is a private matter that is worth learning which will have an impact on oneself in the future.
So no one is responsible for this for someone's future, but someone must be able to control their profits for their own future.
Managing finances in life is quite important for the future, that is what will determine our future so this is considered quite important.

You give significance to managing funds because they play a major part in our lives. You said learning it is worthwhile. If it is so important, why it not be taught in school? What private matter would you say you are referring to? How can an individual learn effectively without given instructions? Even creatures teach their youngsters and we are better than them.

All that is important is to be taught at school. There will be fewer poor families and poor nations if all have a superior comprehension of how to deal with our funds.

Educational institutions can't teach you about financial education, it's understanding comes with experiences and practice in real life. You learn from your mistakes and dealings to manage your finances , like how to balance your profits and losses , how to deal with your income and spending.
This can't be learned from any bookish knowledge, this comes with age and experience , so it's important to let your kids manage their expenses from small age , give them a limited amount of money for their monthly spendings so that when they enter professional and practical life they should have this idea of financial management and this will save them from many losses and hardships.