Financial Literacy

612 Words2 Pages

Financial Literacy is a useful tool all students should learn about while in school. It is important for students to get more information about their finances for them to be aware of issues that could occur in the future. Learning about personal finances, expenses, etc. can benefit people as they make certain decisions in their life. Studies have shown students to be more successful as they grow into adulthood because they have the knowledge about their money. If students are taught early on in their childhood about managing their finances, Americans will be more financially responsible. Adults and our youth are becoming homeless or unemployed because they have never learned about how to handle their finances. There has been an unexpected rise in the number of people who are unemployed in the U.S. The ILO: Youth Employment has recently said “There are job openings, but companies cannot find people with the right skills.” For example, people cannot get the jobs they want without the qualifications/training needed for it. People miss the opportunity to learn about something they could use in their everyday life. When someone has financial knowledge about unexpected issues, they will be more equip to handle the situation. Financial literacy should be incorporated into what students are being taught in their …show more content…

Americans tend to depend on other people to help them with managing their money or making decisions without thinking about learning information to do it themselves. As we grow into adulthood, we often fall into a place where we do not have knowledge to get them out of certain situations. Educating students about their personal finances hasn’t been a concern for people in recent

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