I created this website with hopes of educating people on financial literacy and empowering them to change their life, one post at a time.
Financial literacy is defined as “the set of skills and knowledge that allows an individual to make informed and effective decisions with all of their financial resources.”
But what’s the major problem with this? LACK OF EDUCATION AND RESOURCES.
If you don’t come from money, who is going to be there to teach you? How can you break the cycle of poverty when the system put in place isn’t meant to pull you out?
Of course there is the whole, “If you want money, hustle; If you want resources, seek them out; Be proactive when it comes to your money; Don’t be lazy.” This list goes on and on. Why isn’t the question, “Why aren’t we taught this in school?”
I can’t tell you how many times I’ve sat in class wondering when I’m EVER going to use a parabola equation formula to make an important life decision.
In junior high, high school and college, we have general education requirements to fulfill before graduating. Math, Science, English, Health, Foreign Language, and a plethora of other classes before you graduate. Why isn’t it a requirement to understand how to create a budget, what credit is, how to build it, how your credit score affects you, the difference between checking and savings accounts, how to pick the right loans for you, or understanding what interest even is?
We have physical health requirements that we have to pass in order to graduate, because of annually increasing obesity rates. Total student loan debt is constantly increasing, yet there aren’t 16-week semesters dedicated to financial fitness.
I have so many questions about why these things aren’t requirements, because they’re important. Knowledge on all of these topics can be the determining factor of your quality of life.
You shouldn’t have to be a finance or business major in order to receive this information. So cheers to this journey of spreading financial education, one post at a time.
Thanks for joining me!
A wise man once said “Mo’ Money, Mo’ Problems, but equally so, “No Money, Mo’ Problems.” -BiggiexKassey