Jan Bernard T.

Unat
12 HUMSS

Title: Equipping Future Adults: The Case for Mandatory Financial Literacy Courses
in High Schools

INTRODUCTION:
The capacity to handle personal finances is a crucial life skill in a world
that is becoming more complicated and economically focused. However, a lot of
teenagers and young adults leave high school without the skills needed to make wise
financial decisions. Should high schools implement mandatory financial literacy
courses in high school? This essay will make the case for requiring senior high
school students to take financial literacy classes. Students will be better able to
navigate their financial lives if they are given the fundamental financial
abilities.

BODY:
High school students who are required to take financial literacy classes can
get a good start on managing their personal finances. Topics including budgeting,
saving, investing, managing debt, and comprehending credit may be covered in these
classes. Students can acquire the knowledge necessary to make wise financial
decisions and steer clear of frequent financial hazards by studying about these
principles. The ability to become financially independent and responsible adults is
one of the main advantages of making financial literacy classes required in
schools. Students who have a firm grasp of personal finance can figure out how to
develop and manage budgets, set financial objectives, and decide when to spend and
save money. These abilities are crucial for their success in the future when they
begin their occupations, enroll in education, and handle their own finances. Also,
financial literacy classes can aid in the development of students analytical and
decision-making skills. Students can learn to analyze risks, determine the long-
term effects of their financial decisions, and build financial resilience by
assessing financial scenarios and making educated judgments. These abilities go
beyond basic money management and can enhance many facets of their lives.
Financial inequality is another topic that can be addressed in courses on financial
literacy. We can assist close the gap between those who are financially literate
and those who are financially vulnerable by giving all students, regardless of
their origin or socioeconomic situation, equal access to financial education. By
enabling people to make educated decisions and create a more secure financial
future, this can help to narrow financial gaps.

CONCLUSION:
To give seniors in high schools the knowledge and skills they need to manage
their finances, it is essential to make financial literacy classes required.
Students can be empowered to become financially responsible and independent
individuals by receiving education on personal finance, budgeting, saving, and
other important financial topics. Along with helping people, these programs also
help create a more financially literate society by lowering inequality in the
economy.
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