Financial education and why it should be a priority.

[arimamib]

It’s not just schools that are responsible to teach us  financial education but it should also start at home. By saving small amount at a young age, we are already train on how to manage our finances so that we can be more responsible in managing our finances when we grow mature individually. Schools and home are responsible to teach us financial education, and harness our skills when we are already building our own source of income.

The first place to learn about financial education is from our home, it is expected we learn this from our parents.  I never leant financial education all through my years in school but I was able to learn this from my parents. My parents thought me how to be discipline in spending mone, to go things that I can  afford and not to go for things that will stress me to get. I was thought in my home how to make saving from the little I earn as income.

The guidance provided by parents can have a lasting impact on an individual's approach to money management. Learning about discipline in spending, understanding the importance of living within one's means, and cultivating a habit of saving from an early age are invaluable skills. These lessons go beyond traditional classroom education and contribute significantly to building a strong financial foundation.

Financial literacy equips individuals with the tools they need to make sound financial decisions throughout their lives. It's a reminder that practical, everyday lessons can be just as influential than formal education in shaping one's financial mindset.  These hands-on lessons contribute to the development of a well-rounded financial mindset, allowing individuals to make informed and responsible choices throughout their lives. The combination of formal education and practical financial literacy creates a more comprehensive and adaptable approach to managing finances.

[Dr.Osh]

I've heard that no matter how big a salary you have, if you don't know how to manage your finances, it will be very easy to run out of money. Meanwhile, even though your salary is minimal, if you know how to manage your finances well, then this could be very big in the future.
However, financial education is very important. I think, it's not taught in school because we are formed to make money by working, but as for how to manage it, it depends on each individual's personality. In fact, the basic things have been taught, such as saving, prioritizing primary needs over secondary and tertiary needs, and so on. However, if you really want to know more details about financial support, then you need to look for it yourself.

[nara1892]

I've heard that no matter how big a salary you have, if you don't know how to manage your finances, it will be very easy to run out of money. Meanwhile, even though your salary is minimal, if you know how to manage your finances well, then this could be very big in the future.
However, financial education is very important. I think, it's not taught in school because we are formed to make money by working, but as for how to manage it, it depends on each individual's personality. In fact, the basic things have been taught, such as saving, prioritizing primary needs over secondary and tertiary needs, and so on. However, if you really want to know more details about financial support, then you need to look for it yourself.

That's right, to be honest, I really experienced this when my income increased but I really felt that the amount was still not enough, even though the cost of living where I live is not that big and after that I really thought about finding a point It's a mistake and it's true that there are some allocations of money that lead to things that aren't really needed, such as things that don't provide much benefit in the long term outside of life's necessities, such as perhaps buying an item that doesn't really benefit me in the long term. and the conclusion was that at that time I had mismanagement in terms of finances and after that I was finally able to justify managing my money by only allocating it to what I needed until I managed to achieve balance again in terms of money.

Therefore, of course, management is very important and needed in any case, especially in financial matters, because with good management, it is clear that we will be able to be in a good balance. You are right that this is not taught in schools, those places usually tend to teach someone to have good behavior and also make a child smart only in academic terms, but do not provide something that is really needed in the basic sense. real life when they have finished school and one of them is in terms of financial management so many people experience difficulties in managing their finances and this more often than not makes someone always feel like they are not enough even though they have a large salary.

[Inwestour]

It cannot be denied that financial education or procedures for managing money are quite important and have a big influence on the life we are living or life in the future.
We don't get this from formal education but rather through experience of what happens so that we are indirectly taught by nature to manage money well for the sake of our own better life. However, there are also people who are devastated or in trouble because they cannot afford it. controlling his finances, and I also believe that is a character that is formed from an early age.

Financial education is an advantage, but most likely a quality education can be obtained in a private school, and this is not accessible to everyone. And the application of our knowledge in life will play a decisive role, experience will show how much of an advantage this gave you.

You can save, and create assets even without any special financial education. When I was studying at the university, I was wondering why my teacher, having such knowledge in economics, did not own some kind of business, but lived on a modest teacher’s salary. Later I realized that there is a big difference between theoretical knowledge and its practical application.

[demonica]

That makes me wonder too... Elementary or high school day, I think it's too early for kids to deeply understand how important financial literacy is. But when you reach college, you'll take different path and those subjects being offered are based on the major you will take. So other majors aside from business-related majors won't prioritize teaching students financial literacy. But the thing is, having financial knowledge is so beneficial for people in the real world, regardless of your major and what you do for a living. Schools and universities mostly focuses on computing math and numbers because they say math is everywhere but not the importance of having enough knowledge in handling finances or money.  Lot of schools only provide seminars or webinar regarding finances but it would probably make a big difference when school starts educating students about financial literacy.

[Mastost]

I wholeheartedly echo the sentiments regarding the pivotal position of monetary schooling in shaping people for a financially impartial destiny. It is disconcerting that, as of now, our colleges often forget about this crucial existence ability. I emphasize the need for a paradigm shift in our schooling structures. The assertion that economic schooling can be received via enjoy holds benefit, but formal training have to be the cornerstone.

Robert Kiyosaki's "Rich Dad Poor Dad" succinctly encapsulates the transformative energy of financial information. The dichotomy presented therein underscores the urgency for a curriculum that transcends conventional roles and empowers people to make sound monetary choices. The global perspective on this depend is essential—while strides had been made in a few regions, a unified effort is needed to make sure that monetary literacy becomes a essential aspect of schooling worldwide.

Moreover, incorporating economic education into college curricula is not pretty much personal enrichment. It's a strategic pass to reinforce our societies in opposition to economic pitfalls, equipping people with the talents necessary to navigate an increasingly more complicated financial landscape. As we engage on this discussion, allow us to discover how we will collectively suggest for the combination of complete financial schooling into educational systems, making sure that destiny generations are nicely-organized for the demanding situations and possibilities that lie ahead.

[Fatunad]

I've heard that no matter how big a salary you have, if you don't know how to manage your finances, it will be very easy to run out of money. Meanwhile, even though your salary is minimal, if you know how to manage your finances well, then this could be very big in the future.
However, financial education is very important. I think, it's not taught in school because we are formed to make money by working, but as for how to manage it, it depends on each individual's personality. In fact, the basic things have been taught, such as saving, prioritizing primary needs over secondary and tertiary needs, and so on. However, if you really want to know more details about financial support, then you need to look for it yourself.

That's right, to be honest, I really experienced this when my income increased but I really felt that the amount was still not enough, even though the cost of living where I live is not that big and after that I really thought about finding a point It's a mistake and it's true that there are some allocations of money that lead to things that aren't really needed, such as things that don't provide much benefit in the long term outside of life's necessities, such as perhaps buying an item that doesn't really benefit me in the long term. and the conclusion was that at that time I had mismanagement in terms of finances and after that I was finally able to justify managing my money by only allocating it to what I needed until I managed to achieve balance again in terms of money.

Therefore, of course, management is very important and needed in any case, especially in financial matters, because with good management, it is clear that we will be able to be in a good balance. You are right that this is not taught in schools, those places usually tend to teach someone to have good behavior and also make a child smart only in academic terms, but do not provide something that is really needed in the basic sense. real life when they have finished school and one of them is in terms of financial management so many people experience difficulties in managing their finances and this more often than not makes someone always feel like they are not enough even though they have a large salary.

If its not that enough then it would really be just that right that you should really know on what are the things that you should  gonna do on which we would really be sensibly be trying out to look for another source of income. This is why some people would really be that having those kind of plans and having those kind of assumptions that they would really be able to make themselves having that upgraded life status if they would really be deciding on making such step on which it isnt really that bad or something recommended on doing so. There are really just those people who are really that too lazy on doing things on which they do really believe that they would really be able to make themselves believe that they could be easily be able to survive without trying to look out that they are really just that basically making themselves
stagnant and on the time that they are experiencing problems then this is where they would be starting on moving and its already late.

[Vinaa77]

It cannot be denied that financial education or procedures for managing money are quite important and have a big influence on the life we are living or life in the future.
We don't get this from formal education but rather through experience of what happens so that we are indirectly taught by nature to manage money well for the sake of our own better life. However, there are also people who are devastated or in trouble because they cannot afford it. controlling his finances, and I also believe that is a character that is formed from an early age.

Financial education is an advantage, but most likely a quality education can be obtained in a private school, and this is not accessible to everyone. And the application of our knowledge in life will play a decisive role, experience will show how much of an advantage this gave you.

You can save, and create assets even without any special financial education. When I was studying at the university, I was wondering why my teacher, having such knowledge in economics, did not own some kind of business, but lived on a modest teacher’s salary. Later I realized that there is a big difference between theoretical knowledge and its practical application.

Private schools must of course provide good quality education because those who attend these schools pay a higher amount than schools that are under the auspices of the government. If they can apply the knowledge they already have well of course they will be able to get satisfactory results because they have pay more on the educational path they choose.

Saving and creating assets really depends on a person's personality. If they can manage their finances well, of course they will be able to have a lot of savings and assets. Those who have theoretical knowledge may not necessarily be able to apply this in their personal lives because of this. It really depends on a person's personality.

[gunhell16]

I've heard that no matter how big a salary you have, if you don't know how to manage your finances, it will be very easy to run out of money. Meanwhile, even though your salary is minimal, if you know how to manage your finances well, then this could be very big in the future.
However, financial education is very important. I think, it's not taught in school because we are formed to make money by working, but as for how to manage it, it depends on each individual's personality. In fact, the basic things have been taught, such as saving, prioritizing primary needs over secondary and tertiary needs, and so on. However, if you really want to know more details about financial support, then you need to look for it yourself.

You are right in what you say: financial education is important because other people earn a large salary but do not know proper financial management. Think of a large salary while others are still short on budget, while others whose salary is not that big are still able to save money.

The others are unemployed and not employees but can save money because they implement their so-called strategy, so that means there are others who, even though they don't know the word financial education, know something they don't know.

[WillyAp]

Financial education is a skill that is not been taught in schools, but to me it's the most important subject a man must learn in other to be financially independent.

You are having a laugh: Knowing what do do does not make you do that.
Discipline is what is needed, That kimd os stuff lies in the hand of our parents.

[southerngentuk]

Financial education in schools often falls short, skimming the surface instead of diving deep into practical skills. It's like learning the alphabet but never actually forming words. We need financial literacy not as a textbook add-on, but as a life skill as essential as reading and writing.

The knowledge and ability to manage money wisely should be non-negotiable, pre-loaded software for every brain. Before the first paycheck even arrives, equipping ourselves with budgeting, saving, and responsible spending tools is crucial. It's like learning to bike before hitting the open road – essential for a smooth and safe financial journey.

Without this knowledge, even a hefty income can be like pouring water into a leaky bucket. It vanishes without creating any lasting value. But with good financial management, even modest earnings can blossom into something meaningful. Imagine: a secure emergency fund, investments for the future, or even the freedom to pursue passions without financial anxieties.

[RockBell]

I've heard that no matter how big a salary you have, if you don't know how to manage your finances, it will be very easy to run out of money. Meanwhile, even though your salary is minimal, if you know how to manage your finances well, then this could be very big in the future.
However, financial education is very important. I think, it's not taught in school because we are formed to make money by working, but as for how to manage it, it depends on each individual's personality. In fact, the basic things have been taught, such as saving, prioritizing primary needs over secondary and tertiary needs, and so on. However, if you really want to know more details about financial support, then you need to look for it yourself.

Financial education is all about learning how to manage your limited resources in order to meet your needs.
Knowledge about finances is not taught in schools; rather, it is something you learn on your own.

The first step to learning financial education is knowing your needs and wants and sorting your needs in order of priority. Needs are essential things that you can't do without while wants are things that are not necessarily needed for everyday activity. Sorting out the things you want to get under needs and want helps direct what and how to spend your money.
However, financial education is something you learn on your own over time.

[shinratensei_]

Financial education in schools often falls short, skimming the surface instead of diving deep into practical skills. It's like learning the alphabet but never actually forming words. We need financial literacy not as a textbook add-on, but as a life skill as essential as reading and writing.

The knowledge and ability to manage money wisely should be non-negotiable, pre-loaded software for every brain. Before the first paycheck even arrives, equipping ourselves with budgeting, saving, and responsible spending tools is crucial. It's like learning to bike before hitting the open road – essential for a smooth and safe financial journey.

Without this knowledge, even a hefty income can be like pouring water into a leaky bucket. It vanishes without creating any lasting value. But with good financial management, even modest earnings can blossom into something meaningful. Imagine: a secure emergency fund, investments for the future, or even the freedom to pursue passions without financial anxieties.

even more apparent with education about tax, lets be honest here, tax are complicated, but in high schools we aren't taught for this, even college, there needs to be education about tax, aside from education about finance that we as you said only get the surface about meanwhile the adult life only revolves around financial management and taxes, basically thats the only thing thats really needed when we reached adult life and already having active income.
the other thing about subject aren't really that important I mean fair enough its better to know some surface of certain objects like physics so that at least we are literate enough but i think some chunk of that teaching time could be better allocated for something like financial education and education about taxes.

[Oasisman]

I've heard that no matter how big a salary you have, if you don't know how to manage your finances, it will be very easy to run out of money. Meanwhile, even though your salary is minimal, if you know how to manage your finances well, then this could be very big in the future.
However, financial education is very important. I think, it's not taught in school because we are formed to make money by working, but as for how to manage it, it depends on each individual's personality. In fact, the basic things have been taught, such as saving, prioritizing primary needs over secondary and tertiary needs, and so on. However, if you really want to know more details about financial support, then you need to look for it yourself.

Yep, the higher your salary is, the higher your expenses are. A person will adapt the kind of lifestyle that depends on the income. But no matter how big or small your income is, being financially responsible, there will always be something that will be left for savings. People with huge salary tends to have huge expenses as well in terms of bills, necessities, and wants. That explains why, no matter how huge the salary is, when finances are poorly managed, money will always run out just before the next salary comes. This goes as well for those low income earners. The only differences is, high salary earners lives a comfortable life.
Financial management are actually being taught in schools, but it wasn't really the main focus. Students in the 3rd world country were taught how to get a work and become effective to it, because having a work is the most practical way of surviving the daily needs. Building a business is a lot harder than just working for the other company though.

[AVE5]

And to me, financial education is a necessary faculty in ones life who is aimed to set-up financial attraction such as sources of finances and also adhered with the ability to utilize and economically manages the finances with the goal to make more money.

[bayu7adi]

Yep, the higher your salary is, the higher your expenses are. A person will adapt the kind of lifestyle that depends on the income. But no matter how big or small your income is, being financially responsible, there will always be something that will be left for savings. People with huge salary tends to have huge expenses as well in terms of bills, necessities, and wants. That explains why, no matter how huge the salary is, when finances are poorly managed, money will always run out just before the next salary comes. This goes as well for those low income earners. The only differences is, high salary earners lives a comfortable life.

In fact, it is more difficult to control how much salary we will earn (income) than to determine our expenses (spending). Of course, we all want to get a big salary, because we always think that happiness is when we have a lot of money. But if a large income does not have a good balance with expenses, then what will happen is that there will be no development in our financial standards.

Many people have a lifestyle depending on how much income they earn, but in my opinion that is not recommended. Our lifestyle must be suppressed even though we have a lot of money. wasting money is not the wisest choice. Do you want to gain social recognition about your level of wealth? It's completely useless. People who admit that you are rich will only intend to use you, without contributing more to your life.

[mamesso]

Each person's way of managing finances will be different, but they have the same goals. Capitalizing on my intentions is never enough to make this dream come true, it requires movement such as paying attention and finding the right way to manage finances. Everyone certainly has the intention to ensure that the quality of their finances remains healthy and strong in the future. Managing finances well and soundly is necessary so that the future can be well looked after and makes it easier for them to fulfill all pre-planned or sudden needs.

Financial education is always taught in schools, most elementary school teachers prefer a different approach to teaching financial education to their students. Teachers often teach them the importance of saving, ask them about their goals and teach them how to live frugally, in general, all of this is financial education that is taught in a very simple way.

[Getmon]

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.

[edy_58]

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.

[uswa56]

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.