We believe with the fast changing world there are 9 Skills that every child must acquire, between the age group of 3 to 14 years. They are:
Financial literacy is the ability to understand and effectively apply various financial skills, including personal financial management, budgeting, and investing. Financial literacy helps individuals become self-sufficient so that they can achieve financial stability
KEY TAKEAWAYS
Benefits of Financial Literacy
Financial literacy focuses on the ability to manage personal finance matters efficiently, and it includes the knowledge of making appropriate decisions about personal finance, such as investing, insurance, real estate, paying for college, budgeting, retirement, and tax planning. Those who understand the subject should be able to answer several questions about purchases, such as whether an item is required, whether it is affordable, and whether it's an asset or a liability. Financial literacy education should also include organizational skills, attention to detail, consumer rights, technology, and global economics because the state of the global economy greatly affects the US economy