To make better financial decisions one should learn and practice it from childhood. This is my experience.
What do you think?
We start taking financial decisions only when we start earning money. This is absolutely the wrong approach in my opinion.
I remember, when I was 15, my mother gave me 500 bucks and asked me to add one buck to it by the method of earning. I tried hard, searched for various options but could not do so.
Later she told me the options which I thought I should have known. My school never taught me about investments or managing finances.
I used to read Mathematics but the practical aspect was missing in my school learning.
More practical projects should be given in schools so that one can understand the real financial world.
#finances #education #management #mathematics #investments #projects
It is very important to live a life with calculated and informed decisions @Somesh
This is really challenging @Somesh Even @Aria Harrison posted that she could not read the simple financial statement. This problem needs to be sorted out asap.
I am a finance teacher and I teach same to my students. The only difference is they are 18+ already. As you have stated it should be taught much earlier may be at the age of 10 @Somesh
It is need of the hour actually @Somesh