Children need to learn financial life skills along with reading and writing. Why? Because they will make about six to ten financial decisions per day as young adults, and their future well-being is based on those decisions. These skills, or lack thereof, will literally shape that child’s future.
Every person deserves to have a foundation of unbiased knowledge on which to base those decisions. Debt and lack of sufficient money is one of the main reasons young adults drop-out of post-secondary education. Technology and the speed at which we are encouraged to lead our lives makes it easier and faster to spend, and thus much easier to go into debt and more debt.
Our children require help in the form of education, so they can effectively determine the difference between needs and wants, and how to make decisions based on their own best interest.
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