What are you currently doing or could possibly do for school that demonstrates good personal finance...

What are you currently doing or could possibly do for school that demonstrates good personal finance skills?

Expert Solution

I could possibly encourage the school to demonstrate good personal finance skills because they are very important to everyone, since our whole life rotates around money. I would educate them the importance of teaching finance skills to the students. This education builts financial literacy i.e everybody can look into their own accounts and can calculate estimated profits or losses.

It also gives knowledge about financial markets. And after the kids grown they can invest by themselves and can analyse the share markets accurately. Knowledge with respect to finance helps them to take decisions wisely in each and every aspect, so that they can avoid losses. And there is no need to depend on any professionals for advice.

It also promotes the habit of saving from childhood itself, and children can get to know importance of savings. And these all advantages can lead them to financial independence.

On whole, I would encourage the students and teachers to participate actively in developing personal financial skills.

jeff jeffy answered 1 year ago

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