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12 October 2020 2023-08-31 16:40Schools
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Teaching Money Management in schools is important for several reasons:
1. Financial Literacy – developing crucial skills about managing their personal finances
2. Real world Relevance – gaining an understanding of interest rates, loans, credit cards and mortgages which are relevant in their everyday lives.
3. Future Financial Well-being – creating good money habits early on which is more likely to lead to debt avoidance and investing and saving wisely.
4. Entrepreneurship and job readiness – crucial for aspiring entrepreneurs.
Integrating finance education into schools is crucial to allow students to navigate the complex financial landscape they will encounter as adults.
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