Financial Literacy
The article talks about how we should teach kids skills that are important for their future. The skills we should teach include financial literacy and an entrepreneurial mindset. In a world that is filled by both technological changes and economic changes, teaching these skills in schools has become more important. Financial literacy has a lot of important skills, like budgeting, saving, managing credit, and understanding investments. In the survey “2014 S&P Global FinLit Survey”, only one-third of the global population is financially literate, showing a big knowledge gap in finance. In the study on the United States, the 2015 National Financial Capability Study revealed that nearly two-thirds of Americans could not pass a basic financial literacy test. This lack of knowledge is connected to a lot of issues, including people relying too much on the government, So by educating students on financial literacy, we can teach them responsible decision-making. In addition to f...