Working Financial Literacy In With The Three R's

Financial Literacy Essay In the passage Working Financial Literacy in with the Three R’s,” it’s clear that in personal finance not only Americans need help in learning to balance their checkbook, but also how to understand concepts like the time value of money, risk and reward, and, yes, the importance of savings (Tara Siegel Bernard). [Students should be required to take a financial literacy class before graduating from high school because people need to know how to make financial decisions in a changing world and how to manage their money]. This is a class that every students needs in order to be more prepare for future decision essential in their career and life. Even though we know the importance and the many reasons we should take financial class, many people think the opposite. [According to Financial Education Leaving America Behind, trouble is, growing evidence suggests that

People need to know how to make financial decisions in a changing world. [According to Working Financial Literacy in with the Three R’s, “an 11th grader who stimulated life with a wife and two children on $21,000 a year, told of balancing needs versus wants, trying to find an apartment in a safe neighborhood that fit the family budget, and the effect of an unexpected rent increase on their savings” (Tara Siegel Bernand)]. Knowing the important of making financial decisions before moving into college is necessary for students to make smart decisions later on life when buying a house, renting, or as simple as buying a car. As we can see, college students know how to make these decisions when they have a family or throughout college. People need to know how to make decisions on a changing would where money is one the most important things we should take care