Have you ever thought about your life after school to be full of fantasies, I mean a life with no pain, no reason to learn how to handle money, a life where you do not need a mortgage only to realize when you are out in the real life that you are facing isn’t close to what you thought when you were in school. If you had that same thought, then you are not alone as I thought the same way too and I’m sure a lot of people thought the same way.
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Did you have problem with dealing with figures when you were in college only to be out of school to start facing calculations about how much you have spent, deals on credit cards, calculating paying your rent, pay for your car as well as tax? Well that is reality, I mean the real world.
Were You Taught Personal Finance?
The difference between several homeschooled children and school trained children is financial education. While growing as teenagers and young youths who still receive allowance from parents, what a lot of us spent our allowances on was to get the latest gadget, the most expensive designer wears, and spending money creating get together party with friends but starting to live alone and working for your money brings you to start thinking about personal finance. In this light you need to understand that at this point, everything that deals with money in your life is your personal finance. From the money you spend buying tickets for a movie to the money you pay for an accommodation, renting a car or buying one as well as your savings and investment.
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Do not be deceive, in life money is a big deal. People do a lot of things for money like working for money, gambling for money, fighting for money (Boxing, wrestling and sumo), marry for money, steal for money, defraud for money and even kill for money. Money commands respect, it gives a person a level of respect. Nobody looks up to a poor person also, no matter how wise you are, your wise sayings are not recognized until you can proof it by being a millionaire or a billionaire. Since money is of high importance, then learning how to handle should also of high priority.
The ability to plan, and utilize your money is known as Personal Finance, the ability to decide what you want to use your money for and what you do not want to use it for.
Why not teach how to spend money in school, so many things are taught in schools from the multiplication table to the periodic table. The same thing applies to colleges that teaches a lot of courses but at the end of it, no school teaches personal finance. My question is why?
@project.hope