The Importance of Financial Literacy in Schools
“[With financial literacy classes]… I would have avoided a lot of my financial mistakes, it would have helped me make immensely better decisions.”
Financial literacy should be a mandatory class that is taught in schools. There are some provinces that have included similar courses as part of their curriculum and l it’s important that this be the standard across the country.
Students coming out of high school and getting a job or young adults starting their career after post-secondary education need to have the skills to make financial decisions around savings, debt-repayment and most importantly how to spend their money.
As I shared in this interview with CBC, when I landed my dream accounting job fresh out of University, I fell into a financial crisis that could have been avoided if I had been able to take a class on personal financial planning in school.
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