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It’s pretty likely you rarely use trigonometry, algebra, or calculus in your everyday life. That’s why you’ve probably seen those funny memes about the lack of personal finance education in schools. One of my favorites says: In all seriousness, it’s a wonder kids don’t typically learn about personal finance in schools. Our youth spend hours learning how to use complex math to solve problems that don’t exist in the real world, but they don’t learn real-world skills like how to create a budget or avoid consumer debt.
Plus, teaching kids basic financial ideas like how to create a budget and how to file a basic tax return may not be enough — at least not for me. Personal finance is indeed important, but the basics like how to file a tax return don’t go deep enough.
Lesson 1: The Power of Compound Interest (our suggestion at least). Check us out if you can!
I have to give it to my mum for this one, she put in the WORK! Not only did she teach, she PRACTISED what she PREACHED & continues to do so.