Middle Class Needs Financial Literacy Essay

The Middle Class Needs Financial Literacy The United States don’t have enough financial literacy taught in the middle class schools. Only 48% (24) of the states require financial literacy to be offered. Don’t you want to know how to save money, grow money, and make money make more money for you? Well the best way to make money is to work smart not hard. There isn’t enough financial literacy taught in the U.S. as a whole which prevents the knowledge of banking, growing your money, and keeps people in debt and maybe that’s the reason the U.S. is in so much debt debt. As a teenager you should focus on getting good grades to get the best opportunities to be your best and earn the most amount of money. As a teen try to gain as much experience as you can to prepare yourself for college or a higher level of learning. Most people don’t know is that people with a bachelor degree and some with a high school diploma can earn the same amount of money around $200,000 a year. It’s crazy that someone who worked less can earn more than a person who worked the most. There are ways to make money work for you instead of you working for money. In order to make money work for you, you have to put some aside. Make a savings, don’t spend your money instead invest, and once you leave your money alone is when it will grow.

An employee earns money by holding on to a job working for someone else. The self-employed makes money for himself/herself and is also financially insecure. A business owner is someone who generates money and has less control than the self-employed. They share and delegate the responsibilities and ownership with others. Business owners work smart not hard. Investors earn money from various investments. Investors also have access to a companies/ industries projected perceive performance. Majority of the population is in the employee