By Elijah Delgado
Financial literacy is a crucial life skill that is often overlooked in traditional education. High school seniors in particular, are at a critical point where they need to understand the basics of budgeting, saving, investing, and avoiding debt. Unfortunately, financial literacy classes are not mandatory in many schools, and the lack of financial education is a significant problem that affects their future. Not having financial literacy classes in high school is a problem because it leads to poor financial decisions, increased debt, and financial stress. For example, “75% of American teens lack confidence in their knowledge of personal finance." Students who lack financial education are more likely to make impulsive purchases, not save enough money for the future, and fall into debt. Furthermore, many young adults need to fully understand the consequences of taking out student loans, credit card debt, or other types of loans, which can lead to long-term financial problems. Financial literacy is a vital life skill that high school students must learn, but it is often neglected in traditional education. By prioritizing financial literacy education in high schools, we can empower students to make informed financial decisions, reduce their financial stress, and set themselves up for a more stable financial future.
1 Comment
Daniel Hart
3/31/2023 06:55:08 am
You are not the first person to bring this up! I'm glad we're continuing to give it attention. I've been trying to have this same conversation with our leaders. I encourage you to do the same. Financial Literacy is really important, and it's a great way for kids to recognize the immediate relevance of what they're learning.
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