Need for Finance Education in school curricula.

Abstract

The school curricula in most countries do not teach finance. Various studies have shown that financial literacy in young adults as well as in older adults is far from satisfactory. People tend to make financial blunders because of this ignorance. These can have serious implications to the individuals, families as well as to the societies. There is a strong need to include finance as a subject in school curricula so that the children when growing up can take sound financial decisions. Unlike some of the school topics, finance can be one of the most relevant topics for life.