Teaching Saving, Investing, Sharing & Spending Habits at an Early Age

Financial Illiteracy is an obstacle faced by developing or emerging communities as well as advanced societies throughout the world. Lack of financial education is affecting individuals (girls or boys), families, and communities. It slowly starts to affect the local economy and eventually spreads out to the global level. Attainment and development of wealth management principals and skills are essential to growth at all levels. Studies show that personal finance education programs in later ages have very limited affect. Also, it may not fully prepare a young person for later years to face real-life economic decisions like buying a house, understand workplace benefits, investments, or saving for retirement. With a few basic Financial Literacy lessons, it is always possible to be a “best budgeter” irrespective of one’s income level.