Hello everyone! I hope you are all doing well!
Today my blog solely focused on basic education that we get in high school.My question is that why finance is not taken as a subject in high school with science,history and other subject.
I have become a commerce student because my first thought is , what this accounts,commerce and all means?so as curiousity driven girl took commerce has my first prrference
When i got my first introduction into the subjects ,my first thought is why this haven't been taught beforehand (ie.in highschool),why it is made as a choice to choose for the students? Because from my point of you, learning finance is important as much as studying Science, if not more.
If a children got to know about how to save and spend money,they would learn the importance of finance and their impact in th world.
Yeah sure, we have Mathematics but that is completely different from finance because those are all not going to be need to us all but finance is something everybody directly or indirectly deals with . Every companies , business , hospitals ,Non grovernment organisation deals with finance there is no exemption to it,so why not be familiar with concept at a young age.
We need to protect our kids by empowering parents to be positive financial role models and empowering them with the traing and the resources that can help them encourage positive financial behaviours in their children.
-vince shorb
If a person has financial freedom (earned through any field of his choice) but doesn't save or invest those financials, it would also be considered as illiteracy
Thus to be financialy literate,one must
1.Think about spending money in a controlled & balanced manner, saving money for further education.
2.Learn the skills and knowledge for preparing a budget, monitor spending habits, successfully paying off debts.
Thus , once a person is finacially literate then he/ she
1.Can make wise financial decisions. 2.Would able to prevent debt cycle. 3.Have ability to navigate tough times. 4.Have ability to invest in other income streams
In the 21st century, Students are growing up in an increasingly challenging world where they will eventually need to take charge of their own financials in the future, thus it is the responsibilty of parents to teach their children the importance of finance and how to maintain amd grow them.
Hope! I have created some awareness for the topic
Do leave your comments,would love to hear what were all your thoughts.