Financial Education Program for Youth
Posted by admin in Finance, tags: Financial Education, Financial Education ProgramIf we pay attention to the teenagers’ habits and condition this era, we will find that many of them have poor knowledge about financial management and investment. Related to their lifestyle, the teenagers are trying to follow the up date and trendy lifestyle as what the celebrities have. It seems that the youth are more expert on deciding what to wear than managing or saving their money. As the result, today’s teenagers are cannot organize their consumption and fail to manage their first credit card usage. All of us know that credit card debt and much other type of debts becomes one of the main problems for the American. We cannot imagine what will happen if the youth do not get enough education about financial management and method to organize their money, the situation will be so much worse than now days.
The main cause of the condition can be from the lack of knowledge that is given by the parents and traditional school. If we learn further, parents and schools are tending to emphasize the youth education to other subjects like talent or sport, but they forget that financial education has vital role on youth’s future life. The poor youth condition lead Nouveau Riche to build some program that will enrich the youth knowledge on financial problem. They build Teen Financial Literacy program that is hoped to make the youth to be a qualified individual on dealing with the financial problem. The method used on the program is not a lecturing method, but it is like a dialogue that allows good interaction. The program is not a theory based program, it uses daily activities and lifestyle so the students get better understanding and application.
Teen Financial Literacy is not only able to teach students on good financial management, but the materials that are given are also train the students to be an innovative, active individual and has critical idea. The financial subject becomes very crucial because finance management is determining the economical success of someone’s life. A person might have high salary, but without a good finance management, he or she will drown into a debt and bankruptcy. With so many credit card problems in United State, we have to realize that the problem is caused by the wrong financial management or how people spend more money than they should. The economical crisis makes the condition becomes worse, continue reading

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