9 News Today reported that more than 50% of government students are skipping school and missing more than a month of school a year. The reason quoted as the students did not believe they were being taught relevant life skills
Watch the News Report: https://www.youtube.com/watch?v=UzceibUGLyw
These skills included:
- How to save
- How to invest
- How to manage bank accounts
- And file taxes
In addition, the report found that 40% of 12 year olds are worried about their financial future.
This is a terrible indictment of our education system. It is also an indictment of our parenting skills. If nothing else parents should be teaching by demonstration and having “money talks” with their children.
Teaching consumer and financial literacy education is embedded in the Australian Curriculum. MoneySmart provides information on teaching consumer and financial literacy.
Financial Mappers offers a financial literacy program together with a Free version of Financial Mappers that will allow children to experiment with making their own financial plan and see the cause and effect of different financial decisions.
Glenis Phillips – Designer of Financial Mappers and Advice Online
Disclaimer: Financial Mappers does not have an Australian Services License, does not offer financial planning advice, and does not recommend financial products.
