CONTEST: The Debate (Week 43); Financial Literacy

Hello, Greetings to my honourable and fellow steemians in steem fashion& style community. Am @chigraze from @nigeria, its nice to meet you all again and in today's contest am here to participate on the Debate topic "Financial Literacy". Special thanks to @sahmie for organising this mind blowing content. Welcome as i pen down the keys to which we unlock our ultimate potentials through financial literacy and at least securing the keys.

INTRODUCTION.

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Nobody was born financially dumb or smart!
Its quite easy being green which is financial literate if one is willing to learn with enough patients in this field although in this race it comes with hurdles, obstacles, tougher times that requires you to be strong,active,get involved and be dirty!.Financial literacy is both crucial to both genders men/women, boy/girl,old/young to future success in any area of financial aspect.

What is financial literacy?

Financial Literacy is basically the ability to learn, understand,managed and apply various financial skills, tools, strategies and decision making methods in finance. Its also the knowledge and understanding of how money works, to control it and generate more wealth.

Its also intricates financial matters such as savings, avoiding debts,budgeting and investing.It helps eradicates financial traps, such as acquiring debt or making ill-advised investments.Financial literacy is essential because it gives you the power to control your money,make right choices and avoid miss-managment of funds.

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Take for instance you want to invest in a business that will double up your income then in your bank account
You have about a $100 and your pushed to the limit to blow it off by buying fanciful stuffs like clothes, wristwatches, shoes. this only would bring you temporary satisfaction So as a financial literate you would observe that buying this thing would bring you nothing much on your table but temporary satisfaction. This is why its important to have a plan A and Plan B which is thinking twice before investing or making any decisions patterning bussines,money and choices. And this will drive us to the question if schools should teach financial literacy as a mandatory subject. Lets go.

Should schools teach financial literacy as a mandatory subject.

Nobody was born financially dumb or smart! Therefore, Financial Literacy needs to be taught, shown and also involve individuals on how to be financially buoyant and equipped in handling day-to-day financial matters.

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In my candid opinion financial literacy needs to be hammered on the four walls of school and should be taught as a subject in schools because not all parents/guardians have the time and are capable to teach their kids financial literacy. Having good grades in school is cool but there's more to it thereafter. Teachers and school authorities are meant to do a great job by teaching them about financial literacy more to telling them, that gigantic job opportunities awaits them if they study very hard to get good grades after school.

Financial Literacy enables the students to manage finaces effectively, reduce stress and and improve their economic well being. Teaching them as a course/subjects helps them build more credit and avoid debts thereby making finance stable and firm. With this point of mine I've made it clear that financial literacy should be taught as a subject in schools.

I kindly invite @c-time @saintkelvin17 and @uzma4882 to join the contest.

Thanks.