It is difficult to think of schools teaching financial literacy basics without a chuckle because most of the systems running these institutions cannot even manage taxpayer money. The behavior is the key to change, and schools are not masters of positive changes of behavior in a radical way such as personal finance and financial literacy. What schools can do is provide teaching with interactive activities from elementary until graduation. This should be an outsourced venture with measurements of success that is based individually not universal measurement of a group. The adult in the real world has to make changes by changing behaviors without any training or interaction in the personal finance and business world to break bad financial habits. Our government is not the example to follow into bringing fiscal responsibility or prosperity to an individual's life. The change of behavior is the will to empower one's self to change. The following is an excerpt from … [Read more...]
