Post
Topic
Board Economics
Re: The Role of Education in Financial Literacy
by
moneystery
on 26/04/2024, 12:24:39 UTC
....

learning financial literacy at early age is indeed useful in molding the outlook of the person to his financial status or condition. i guess, that's where a lot of educational establishment is lacking. they are focus on other things that they think are more important. i also believe that if this aspect of life is learned early, people will be more mindful of their expenditures and maybe a lot know how to manage their financials.

in the usual scenario, we only learn such facet of life when we are already working as we are already spending our own money.

educational institutions only provide financial lessons that students actually need to face the world of work in the future. it has been designed in such a way by the government and i think that it is not completely wrong, it's just that in several aspects educational institutions should provide financial literacy that is useful for students in their daily lives, such as how to manage financial risks, what investment is, etc. with such financial literacy, it is possible that young people will be less likely to get into debt at a young age or be exposed to scams when they invest in an instrument, and there are various other benefits that young people can get.