The definition of Financial Literacy is the ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing. Financial literacy is the foundation of your relationship with money.
Most will agree that financial education and smart money management is a critical life skill. However, it is nearly impossible to be financially healthy without the ability to earn money. Learning about careers at a young age shows them the world of opportunities available to them. It also teaches kids accountability and the importance of smart decision making. Exploring interests and talents at an early age can provide motivation and purpose as they get older, which can enhance their quality of life. While they will be exposed to career curriculum in high school, introducing kids to careers earlier sets them on a better path to embrace career opportunities, helps to equalize the playing field and empowers students of every race, gender and ethnicity.
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