Financial Literacy In High School

Should Financial Literacy be considered as a requirement in High School? Americans have discussed this topic plenty of times taking it as high-ranking situation that needs to be figured. The first source starts explaining out how esential is to be financially prepared, since americans are obligated to make enormous financial decisions early in their lives. It is also explained by the author that is important to understand concepts such as value of money, how important is to save or even the risk and rewards of doing so . However, is better to prevent teenagers from taking financial decisions, since they may provoke a disaster affecting United States' economy and at the same time their. To paraphrase, treating children like adults when talking about finance will not improve the way they save money, but will create a mess affecting society in general.

On the contrary, the author of the first source indicated that Americans are forced to learn the proper way to solve financial issues earlier. The author also emphasized that if Americans were more educated regarding personal finance they had not lost millions of dollars in the "housing bubble"(1). As described in the article, it is preferable start learning the best method to control personal finances in earlier ages (1). On the other …show more content…
Siegel also included that, knowing those terms and getting used to them will give the world the perception to choose the correct choice in a "changing world"(1). Thus, knowing the risk of a transaction or an investment might help the investor to predict the the consequences and so the results. Nonetheless, comprhending those terms will not grant to the society a better unrstanding about savings or earnings. In brief, is not neccessary to be aware of financial terms if persons do not know how to use them