4 reasons financial education is important at a young age
4 years ago

4 reasons financial education is important at a young age

India Today  

Covid-19 pandemic has not only endangered millions of lives around the globe but has also plunged many people into a financial crisis. Basics like money management, savings, investing and debt will lay a strong foundation for money habits if imparted from a young age. Learning personal finances and important money skills at an early age provides with lots of opportunities to apply them in real life. People who understand how money works can start earning and investing from an early age and avoid lifelong money struggles. - Article by RV Dadhe, Author, Accidentally Educated Read: Tips to teach children about financial planning Read: 4 money management tips every young professional must know Read: Financial Management as a promising career option

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Financial Literacy: A Crucial Element for Shaping Future Generations in India
1 month, 3 weeks ago

Financial Literacy: A Crucial Element for Shaping Future Generations in India

India Today  

Financial literacy in schools is crucial for empowering young people with the knowledge and skills to manage their finances effectively. By integrating financial literacy into the school curriculum, India can equip its youth with the necessary skills to navigate the complexities of modern life. This can lead to improved financial stability, reduced financial risks, and greater overall economic prosperity.

Financial Literacy: A Crucial Life Lesson for Students
2 months ago

Financial Literacy: A Crucial Life Lesson for Students

Hindustan Times  

Financial literacy among students is crucial for their future financial well-being and to make informed financial decisions. The National Payments Corporation of India (NPCI) and the Central Board of Secondary Education (CBSE) collaborated to introduce a financial literacy curriculum for students of Class VI, aiming to enable them to have an understanding of basic financial concepts at an early stage …

Financial Literacy: A Crucial Aspect of Education for Students
2 months ago

Financial Literacy: A Crucial Aspect of Education for Students

Hindustan Times  

Financial literacy among students is crucial for their future financial well-being and stability. By introducing financial awareness at an early age, educators can equip students with the knowledge and skills to make informed financial decisions, save money, and invest wisely. This can help them secure a brighter future and achieve their long-term financial goals.

Top 7 Long-Term Financial Strategies For Students: Avoid Debt, Open Savings Account And More
4 months, 3 weeks ago

Top 7 Long-Term Financial Strategies For Students: Avoid Debt, Open Savings Account And More

ABP News  

Top Long-Term Financial Strategies For Students: In today's world, financial goals are not just a luxury but a necessity for anyone striving for financial security. Understanding how to set financial goals and the types of goals to aim for can help students create that road map and stay on track. By setting and working toward these financial goals, students can …

The 1 Thing Financial Experts Say You Should Teach Your Kids Early
1 year, 3 months ago

The 1 Thing Financial Experts Say You Should Teach Your Kids Early

Huff Post  

Whether you give your children an allowance, allow them to earn money by completing household chores, pass along cash gifts from relatives or encourage small-stakes entrepreneurship like a lemonade stand, your kids are already practicing some money management. To teach this to her own children, Sokunbi lets them “make their own little money mistakes with the money I give them.” …

International Literacy Day 2023: Why aim for your children’s financial literacy early in life?
1 year, 3 months ago

International Literacy Day 2023: Why aim for your children’s financial literacy early in life?

Live Mint  

There is a famous adage, “Literacy is a bridge from misery to hope”. As stressed by the famous Japanese-American entrepreneur Robert Kiyosaki, “If you want to be rich and maintain your wealth, it’s important to be financially literate, in words as well as numbers.” Paradoxically, the most pressing issue in the current generation and economy is the deficiency in financial …

Investments at an early age ensure financial discipline, says banking and finance student Aarav Sethi
1 year, 9 months ago

Investments at an early age ensure financial discipline, says banking and finance student Aarav Sethi

Live Mint  

In today’s world, financial knowledge is an essential part of becoming a responsible adult. Having good financial sense helps young adults to understand how to make wise money decisions that can help them achieve their goals and avoid debt-related problems. In order to comprehend what money means to today's youth in a growing world, this series explores students and young …

Parenting tips to teach a child the value of money
1 year, 10 months ago

Parenting tips to teach a child the value of money

Hindustan Times  

“Teach Value-Teach Right” must be the communication strategy of parents, teachers to focus on things that are really important to effectively support children to be effective decision makers for valuing money, building character skills and mobilising their intentions in the right direction.“Today’s decisions-mark your tomorrow” and parents play a crucial role in fostering understanding for value of money in their …

Here's how financial literacy can help your child succeed in future
1 year, 10 months ago

Here's how financial literacy can help your child succeed in future

India Today  

Financial literacy is a critical life skill that can have a significant impact on an individual's financial well-being. By teaching them about personal finance at a young age, we can help them develop the skills they need to make smart financial decisions. BUILDING SELF-CONFIDENCE By managing their own money, making smart financial decisions, setting financial goals, and working towards achieving …

5 Effective Methods That Will Help You Teach The Value Of Money To Children
2 years, 1 month ago

5 Effective Methods That Will Help You Teach The Value Of Money To Children

News 18  

Every parent loves their child and can go to great lengths to meet their needs. If you want your children to value money, then you can teach them money management from an early age. Give them small household responsibilities: To teach children money management, start giving them small household responsibilities at a young age. Discuss the importance of money: Telling …

Children’s Day: How to inculcate habits that will help your kids cope with financial adversity?
2 years, 1 month ago

Children’s Day: How to inculcate habits that will help your kids cope with financial adversity?

Live Mint  

“There is a tendency to cushion children from the severity of life, especially economic ones. In fact, parents should make sure to involve them in conversations relating to finances, which will help them to not only understand the significance of money, but also make them aware of financial adversities early in life.” We are living in a world which is …

Children’s Day: 5 ways to assist your child acquire good money habits
2 years, 1 month ago

Children’s Day: 5 ways to assist your child acquire good money habits

Live Mint  

You want what's best for your kids as a parent. We discuss few simple yet efficient ways to help your child develop good money management skills. Your children may learn how to be proactive about balancing income and spending by watching how you manage your money and keep a tight rein on your input and outflow. Giving your child their …

It is crucial to talk to children about money matters. Here are 5 tips to do it
2 years, 1 month ago

It is crucial to talk to children about money matters. Here are 5 tips to do it

Live Mint  

“As they grow older, it is important for children to learn new skills. A fundamental knowledge of money and finances is essential for kids.” In today's digital age, it is imperative that parents have a financial conversation with their children. In fact, parents can help their children understand money by allowing them to participate in regular discussions about how to …

7 important financial terms you must teach your child
2 years, 2 months ago

7 important financial terms you must teach your child

Live Mint  

The increasing requirements of financial literacy among students is definitely a good sign not only for the economic growth of the country as a whole but also helps an individual to bring financial stability in their lives. Let’s understand a few financial terms from which you can start your journey of financial literacy for your child. Your child must know …

5 ways to teach financial literacy to your child
2 years, 2 months ago

5 ways to teach financial literacy to your child

Live Mint  

As parents, you obviously want the best for your child and there is nothing that can be done than teaching your child about managing money and inhibiting good financial habits. If you teach your children how to save money for future purchases, they will be able to spend some time on thinking about what they are saving for and is …

4 reasons why your child should be financially educated
2 years, 2 months ago

4 reasons why your child should be financially educated

Live Mint  

Financial literacy is unquestionably important to learn about, yet it receives little attention in the educational system. Start early, Stay ahead At first glance, it might seem pointless to teach kids about money because they aren't going to need it now. We often spend money on things we don't need or purchase luxury items for the sake of societal pressures. …

Why children need a financial literacy curriculum right from school
2 years, 2 months ago

Why children need a financial literacy curriculum right from school

India Today  

At some point in our life, many of us have faced a difficult situation related to money and had to rely on someone to guide us to make the right decision. WHY FINANCIAL LITERACY NEEDS TO BE INTRODUCED AT SCHOOL In this volatile economic condition, it is strongly suggested that we sensitise our children about the value of money and …

Complaints from youngest borrowers soar amid calls for greater financial education
2 years, 10 months ago

Complaints from youngest borrowers soar amid calls for greater financial education

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. “This means …

The ABC of introducing children to finance & investment
3 years, 3 months ago

The ABC of introducing children to finance & investment

Live Mint  

Recently, a news report said that a Mumbai teen had spent ₹10 lakh on the online, multiplayer battle royale game PUBG from his mother’s bank account. “When parents are themselves taking care of budgeting, planning and investments, kids see them and start understanding money," says Hina Shah, CFP and financial coach, LUHEM. If your child is asking questions and is …

Financial literary lessons help rural children open a new chapter in life
3 years, 5 months ago

Financial literary lessons help rural children open a new chapter in life

China Daily  

Rural children learn to establish risk awareness, solve problems on their own, and understand the importance of insurance through the courses and activities. To provide children in rural areas with better financial literacy courses, products and services, Shanghai Better Education Development Center, a nonprofit organization that provides financial literacy education for rural children and youth, launched academic activities for students, …

Are financial literacy programs essential for our education system?
3 years, 9 months ago

Are financial literacy programs essential for our education system?

India Today  

India needs a thriving Equity market participation if we are to achieve our economic ambitions sooner than later. This is probably another major reason for introducing financial literacy programs in the education system. Financial literacy programs are fundamental in creating the ability to understand and effectively apply financial skills to manage investments. One way of fixing this is by imparting …

Seven Easy Steps For Young Women to Manage their Money Better
3 years, 9 months ago

Seven Easy Steps For Young Women to Manage their Money Better

News 18  

Gone are the days when only men were expected to be the ones who managed all the finances of the family. Short-term goals are objectives that can be achieved within one year and Long-term goals require more effort, and could take several years to achieve. Having debt can get in the way of meeting financial goals, not only does it …

Tips to teach children about financial planning
4 years ago

Tips to teach children about financial planning

India Today  

In the age of digitization, kids are certainly aware of terms such as online payment, credit card, or debit card. If children do not learn valuable money lessons including the importance of budgeting and saving, they may struggle to manage their finances later in their lives. Discussing financial health matters Start by communicating with your kids about simple money topics …

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