Financial education of young people today

Abstract

The lack of financial education and its importance in today's young people, as well as consequences of over-indebtedness, the lack of education programs on finance, through bibliographic and documented research by several authors in Google academic, magazine convictions, scielo and economic magazines identify that few young people have the opportunity to have financial education, the worrying lack of financial culture leads to making inappropriate economic decisions and uncontrolled debt. However, we describe the importance of teaching young people to differentiate between needs and desires, controlling their emotions to avoid impulsive financial decisions, we consider that financial education be integrated as an educational method in schools, teaching basic concepts such as income, expenses, savings and investment, as well as promote skills for making intelligent decisions throughout your financial life. Schools and families play a very relevant role in training students and children with extracurricular programs that provide knowledge and skills for real life to our young people in matters of financial education. A good comprehensive financial education not only addresses technical aspects, but also emotional ones, which involves preparing young people to make informed and responsible financial decisions in the future. implement a savings and investment model to be used with the purpose of promoting a financial strategy, generating as a result a culture in young people that is both professional and personal, with financial education being the key to promoting said culture.