 |
Today at 12:12:22 AM |
|
The issue of education is one thing that any nation that, is responsible in developing their society should give attention to. Because it has been rightly stated by schoolers of all century to be an inevitable part of life because, no man has been able to outgrow his level and capacity of financial education. Financial education is the ability of an individual to understand money , how money works and the processes involved in making and multiplying money.
Financial education deals with income and expenditures which involves cash flow, compound interest etc. financial education entails how money flows which talks about how you invest in assets and how money is taken away from you which is caused by Liabilities. Your ability to learn about money will determine how you will become rich because, when it comes to the issue of wealth it largely depends your level of financial education. Infact I have come to the conclusion that the capacity you spend in building yourself, in financial education will determine the capacity you will get in acquiring finances.
All the wealthy people you see today are actually people who have educated themselves in terms of education the more you learn the more you receive or earn on the long run.
LEARNING CAPACITY==== EARNING CAPACITY.
Our country Nigeria has been pledged by economic instabilities which has been charactarized the fluctuations in the price of goods and services. And has created more poverty across the country across across all boards both educated and non educated is involved in.
Finally I am of the opinion that financial education should be made compulsory at all levels of our education because we have alot of educated graduates, which are illiterates when it comes to financial education which gives rise to wealth creation. This is not mostly taught in the fore Conners of schools. This is because you may be educated in any field of life engineering, medicine, Environmental science, Arts and Entainment etc but if you are not educated financially you are bound to suffer because you don't have what its takes to sustain wealth. There are allot of graduates which are academically sound but are no were to be found in financial literacy.
Four types of Financial Education Everyone should have
Personally Development / Education.
Studying about Financial Education
Attending a workshops, Seminars etc concerning your financial development
Taking responsibility for your financial Life.
|
