Smart financial decision making begins with financial education. Money lessons begin early in life. Sometimes they are subtle. Sometimes these lessons are positive experiences. Sometimes they are painful.
The purpose of this financial literacy blog is to empower parents, teachers, and other roles models to share basic financial education tips with the developing minds of our communities. It is also designed to foster smarter financial decision making for parents and teachers themselves. Children learn through observation. It is impossible to instill positive financial behaviors in them when the adults in their lives are making poor financial decisions.
Financial literacy is needed to help people make smarter decisions related to money matters. Too many people lack the basic fundamental knowledge of everyday money matters. What is more concerning is the fact that many children and adolescents are not getting taught valuable lessons about money at home or at school.
As a Certified Financial Planner professional and a parent, the topic of financial literacy is very important to me as I work to try to educate my clients and my children. I have learned from my own personal experiences about managing money that financial planning is a lifelong process. Learning about money matters is also a lifelong process.
Financial education does not have to occur in a classroom or through structured activities. Financial literacy improves through real world application of basic money related principles. Parents, teachers, and other role models provide learning experiences about money throughout different aspects of the life experience. The ultimate goal of financial literacy should always be more than just education. The main purpose of financial literacy programs is to promote positive application of the knowledge related to money matters.
Scott M. Spann, CFP(R), EA, MA
scott@lifespanplanning.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment