In our fast changing world some people realize that financial literacy should be studied at school. I completely agree with this statement, because I think this knowledge will help young people in their adult life to invest their money and as a result their income could be increased. In addition, it also gives them explanation how people can spend their money more effectively.
Firstly, knowledge on how to manage money was learned in childhood is quite useful. It provides in adult life wide opportunities such as how different instruments for saving and investing money work. For example, students could learn different ways of money investing such as saving accounts. Perhaps, they might increase the amount of money on their bank account.
Secondly, unfortunately some people spend their money wrong way and buy unnecessary things. In fact, they lost money because these people did not study financial literacy at secondary school. Whereas, person who had such lesson when were younger, in general realise that they can buy at first of all. For instance, if people buy a lot of expensive clothes or designed things for home (в первую очередь), perhaps they can not to pay for their insurance or loan.
In conclusion, with no doubt these types of knowledge should be learnt at schools and university. It will allow young people rise smarter and manage money more effectively.
