Equipping students with early financial know-how – Are you with me?
Smile while you read if you are also a part of the chorus for the song, well emphatically.
“I got bills I gotta pay
So I’m gonna' work, work, work every day
I got mouths I gotta feed
So I’m gonna' make sure everybody eats”?
?If haven’t heard, here is a link for you to hear it, whoa, whoa not for pleasure rather to find out something which you missed early in your life. Keep reading.
?So here are some pertinent questions, well please answer to yourself and let them pass through a thought process.
- ?At what age did you start saving and investing? Are you an early entrant or late in the field of investment? If it’s late or still not started, keep reading, else you are on track.??
- Do you know different types of investment options to make your money grow? If not keep reading.
- Well, the third question is very subjective, and it all depends on which age bracket and family commitment you are currently in.
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- If you are a student, have you thought about managing your fees?
- If you are a family man have you thought about doing financial planning for your family and planning your retirement? I believe most of us fall into this category sooner or later.?
- If you are among those who only work, work, work to earn, and spend more, have you thought about early retirement and can still enjoy life at ease? or?
- If you are working on your start-up plan, do you know how to play safe?
?The point that I am trying to highlight is that it is so important to know about money, saving, and investment. Once a source of money is initiated in a way earning profit from the business, getting salary from work, etc. we then start thinking about investment. Investment never starts with a fully stacked corpus rather, it is an iterative process of understanding, planning, and implementing the decision and a continuous loop of learning from the outcome.?
?Money is so important, so is saving and investment and therefore it should be taught at an early stage in school and should be available to university students across all disciplines.
Investment is a disciplined knowledge and proper understanding is required to practice it.
- Do you think it should be a part of life as early as possible? and,
- Should we not make our younger generation financially inclusive in the knowledge of saving and investment at an early stage?
?Keep investing your time, effort, and money. "A correct decision taken today is worth more than a decision taken late."?
?Happy to hear from you!
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Co-Founder @Astral Bags, SKYLITE LUGGAGES AND TRAVELAIR
1 年The importance of early financial education and wise financial decisions is explained very well. I completely agree that equipping the younger generation with this knowledge is essential for their financial well-being. ?It encourages us to consider our financial journey, from students managing fees to planning for retirement, and stresses the need to make informed financial decisions sooner rather than later. #Financialknowledge #investearly
Head of Academy|| Adjunct Professor|| Trusted Learning Advisor || Master NLP ||Learning Experience Designer || ICE, Electric Vehicle Training || TQM|| Higher Education Teaching //Master Trainer//Management Trainer
1 年?? Suchi Dubey, ACMA, CGMA , ?? this is most important knowledge & discipline,kids can learn to align their spending habits with their financial goals and priorities.