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    Financial Literacy Should Be Taught in Early Stages: Ibrahim Hamad 84272

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    Financial literacy should be taught in early stages to help young people develop important money management skills like budgeting, saving, investing and avoiding debt. Currently, 73% of young adults lack basic financial literacy and most schools do not offer financial education courses, despite money being central to many aspects of life. Introducing financial literacy early could help young people develop knowledge and abilities to manage their finances responsibly in the future.

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    Financial Literacy Should Be Taught in Early Stages: Ibrahim Hamad 84272

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    ibrahim
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    Financial literacy should be taught in early stages to help young people develop important money management skills like budgeting, saving, investing and avoiding debt. Currently, 73% of young adults lack basic financial literacy and most schools do not offer financial education courses, despite money being central to many aspects of life. Introducing financial literacy early could help young people develop knowledge and abilities to manage their finances responsibly in the future.

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    Financial literacy should be taught in early stages to help young people develop important money management skills like budgeting, saving, investing and avoiding debt. Currently, 73% of young adults lack basic financial literacy and most schools do not offer financial education courses, despite money being central to many aspects of life. Introducing financial literacy early could help young people develop knowledge and abilities to manage their finances responsibly in the future.

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    6 views7 pages

    Financial Literacy Should Be Taught in Early Stages: Ibrahim Hamad 84272

    Uploaded by

    ibrahim
    Financial literacy should be taught in early stages to help young people develop important money management skills like budgeting, saving, investing and avoiding debt. Currently, 73% of young adults lack basic financial literacy and most schools do not offer financial education courses, despite money being central to many aspects of life. Introducing financial literacy early could help young people develop knowledge and abilities to manage their finances responsibly in the future.

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    of 7

    Financial Literacy Should Be

    Taught in Early Stages


    Ibrahim Hamad
    84272
    Relevant story

    Why financial literacy is important

    Lack of financial education offered in


    Overview schools
    How money relvoves around almost
    everything.
    Advice
    money management
    Budgeting
    What is Saving
    financial
    Investing
    literacy?
    Spending
    Borrowing
    Why it is
    important
    • The future is dependent on the
    abilities and knowledge of the current
    young people .
    • 73% of young adults lack basic
    financial concepts.
    • If not learnt in early stages, people will
    eventually learn the hard way (being
    in debt, going broke, etc.)
    significant portion of Gen Z
    Lack of stated they were never
    financial offered a financial education
    education course in school.
    offered in 52% of teenagers in the
    schools United Kingdom have been in
    debt by the time they are 17.
    Money revolves around almost everything
    References

    Lusardi, A., Mitchell, O. S., & Curto, V. (2010). Financial literacy


    among the young. Journal of consumer affairs, 44(2), 358-380.

    Zucchi, K. (2021). Bank of America, Better Money Habits.

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