Why do we need Financial Education?
By Chris Emman on The Capital
Most schools only teach students to get a job but not to make money.
The reason behind this is that most parents taught their kids to get good grades, go to college, get a decent job, work at 9:00–5:00, and finally save up some money along the way.
Most students had been blinded by the illusion that going to college is their golden ticket to success. However, that doesn’t work anymore, we’re living in the 20th century where everything is modernized. Google, Apple, and other companies no longer need degrees or GPA criteria for hiring, because they need people who are curious, innovative, and resilient to adapt to new changes.
These are the reason why financial education must be taught in school
Accounting — the ability to read financial statements.
Economy — Knowing where supply & demand or what’s happening on a global scale or national level.
Communication — skills very essential if you want to become successful.
Marketing — You can’t become successful if you don’t know how to market.
Working with different people — working with other people plays a vital role in business success.
Cash Flow — learn how to manage cash flow.
Because if schools are going to fool students that getting a high scores in multiple-choice will determine life success. Then they just close students an opportunity to grow and learn about real life.
