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The Debate (no.43) Financial literacy Should be Taught In Schools!

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deprincedeman
60
4 days agoSteemit3 min read

Hi,
Steemians,I welcome you to my blog where I will be sharing with us my knowledge concerning the topic financial literacy. To me financial literacy is something everyone should have a first hand knowledge of. Stay tuned as we learn together.

Should schools Teach financial literacy as a mandatory subject?

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If i am to be candid in my own opinion,I would say yes. Financial literacy should be taught in schools as a mandatory subject. To set the record straight, financial literacy can benefit us in countless ways. I see financial literacy as an essential life skill everyone must have.

This is because,it helps us in making informed decisions when it concerns money management and securing a stable financial future. In our school curriculum today, financial literacy has been overlooked which have left many individuals without the knowledge and skills that are necessary in navigating our complex world of personal finance.

But by any chance, financial literacy is been incorporated into our educational curriculum,we are empowering them with the knowledge required to manage their finances effectively.

One may begin to ask "how can financial literacy help us to make better decisions"

The answer is not far fetched.

▶️ financial literacy teaches us how to create a budget and prioritize spending
▶️It teaches us how to manage debt and credit responsibly
▶️It teaches us to invest wisely and plan for our retirement.
▶️it helps us to avoid financial pitfalls and scams.

Once we understand and put all this into practice,we can equally make informed decisions thereby avoiding costly mistakes and building a strong foundation for the future.

How can financial literacy Impact our lives

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As we all know, financial literacy is a vital tool used in navigating the ups and downs of life and by so teaching it in schools,we are equipping the future generations with skills to thrive and not just to survive alone. So financial literacy can impact our lives in the following ways 👇

✅It reduces stress and anxiety which are related to money issues.
✅It increases our financial Independence and confidence.
✅ With financial literacy, there's a greater freedom to pursue our passion and goal without bothering about finances.
✅ Financial literacy improves our relationships as as money no longer becomes an issue.

So I would suggest that we make financial literacy a priority in our educational system, also in our selves to make the future secured for us all.

     Thanks for your time.

I am inviting, @saintkelvin17 @pea07 and @aspiya

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