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AWEMainta Dialuna, 3 October 2022

Teaching Young People About Finance:

Is It Important?

HERE’S a quick little scenario for you to imagine, dear cially stable young adult. Having taken the time to help you

reader: you have just turned 18 years old. Hooray! Time out with some basic skills, such as budgeting when you do
to party with your friends and family to celebrate such a grocery shopping, you have a sense of confidence when it
wonderful milestone in your life. comes to your finances.
However, do you really know what’ll be awaiting you after all In the meanwhile, you’ve received courses in high school

the confetti and cake? regarding; the job market, student loans, earning a salary
Adult life. College, jobs, taxes, mortgages…big words with that matches your degree, and learning how to work with
bigger responsibilities. Besides the occasional chit-chat with insurance. Why should you be scared of what’s out there?
your parents reminding you about these big adult respon- Equipped with the right tools to conquer your financial life

sibilities, you can’t help but wonder: has anyone actually as an adult, you take the first steps into the bank to open
taught you about tools you can (and will) use in your daily life your first bank account under your name.
as an adult? Sure, you went to high school for a good chunk
of your teenage years, but besides all the endless language Schools, teachers, parents: take the time to teach our

and mathematics classes, did your teachers take the time to young people about their future finances. With the right
teach you about nettoloon en brutoloon? Probably not. guide, they’ll be able to flourish and evolve into financially
confident individuals.
If this has happened to you, dear reader, you’re not alone:

in February of this year, the Junior Achievement USA and ~ Amanda Perla Britten
Citizens Bank ran a survey with 1,000 participants, ages
ranging from 13 to 18, about whether they felt prepared
for future financial responsibilities. 54% of all the partici-

pants expressed the concern that they wouldn’t be able
to handle their future finances properly. Interestingly
enough, 41% of the participants remarked how they
never received any sort of class in high school that

would teach them these crucial skills that they would
need later in life. Many of the individuals who were part
of the survey also noted how their parents rarely ever
opened the conversation of financial responsibility with

them.

Let’s go back to our little scenario, but this time, we’ll
tweak some little details here and there:

you’ve just turned 18. Yay! Everyone is
excited as you are now stepping out into
the adult world. Your parents beam with joy
as they see you flourish into a good, finan-

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