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Saturday, November 16, 2024

Should Financial Literacy Be Taught at Home or in School?

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The answer is YES. Both. Here’s why.

Hannah Le, a high school senior, has taken it upon herself to teach financial literacy to elementary school children. She has developed a curriculum that covers important topics such as needs vs. wants, earning, spending, savings, and budgeting. Through interactive exercises, Hannah simplifies the complexities of personal finance for young minds, making it easier for them to understand.

But why would a high school senior be so focused on teaching financial literacy to elementary school students? Hannah's motivation stems from her own experiences as a first-generation American navigating the college preparatory journey. She realized the importance of financial knowledge early on and wanted to share what she learned with others.

In a world where financial complexity continues to grow, the argument that personal finance should only be taught at home seems antiquated. The rise of new financial instruments and terms makes it essential for students to receive formal education on the subject. Hannah's initiative highlights the demand for financial education at a young age.

Imagine if every elementary, high school, and college student had access to a mandatory personal finance class. They would be better equipped to handle the financial challenges that come their way, whether it's managing student loans or investing for the future.

Hannah Le's story is an inspiration for others to follow in her footsteps. By starting financial education early, we can ensure that future generations are financially literate and prepared to make sound financial decisions. And who knows, maybe one day you'll be able to hire Hannah Le for her expertise in personal finance.

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