Persuasive Essay On Pro Financial Literacy
Quantayjah Uptgrow
1.12.15
Pro Financial Literacy
Ms. Allen: 6th
What’s worse? Stepping out into the world for the first time and your broke? Or stepping out into the world for the first time and you’re financially illiterate. One on hand, being broke is not quite bad. You can only go up. Success may come if you don’t let it pass you by. On the other hand, if you’re financially illiterate, you might as well be broke. Buying houses and cars, taking care of children, and paying off debts and loans are now your main priorities. But what if you don’t even know how to go about handling these situations? How would expect to lead an accomplished life? The answer if relatively simple: take a financial literacy class in high school. Making decisions while ignorant on the subject is never a good idea, you’ll make mistakes, get cheated and sound stupid. Also, the importance of financial literacy classes is the extensive aid it will give to teens stepping out into the real word for the first time. All in all, even with little personal knowledge about the financial and social economy, one would be one step away from making an arrangement that could ruin their lives. …show more content…
As stated in the passage, “Working financial literacy with the Three R’s”, “Yet we are expected to make big financial decisions as early as our teens,” simple interest rate calculations, inflations, and depressions are all oblivious to the average teen. Financial markets seemed to have increased in complexity and the consequences of mistakes can be devastating. Not only do teenagers lack financial knowledge, but many of us barely know any basic economic concepts. Financial literacy matters in decision making. With today’s economy, teens should be able to make predictions about future things, such as, income growth, inflation, and pension
1.12.15
Pro Financial Literacy
Ms. Allen: 6th
What’s worse? Stepping out into the world for the first time and your broke? Or stepping out into the world for the first time and you’re financially illiterate. One on hand, being broke is not quite bad. You can only go up. Success may come if you don’t let it pass you by. On the other hand, if you’re financially illiterate, you might as well be broke. Buying houses and cars, taking care of children, and paying off debts and loans are now your main priorities. But what if you don’t even know how to go about handling these situations? How would expect to lead an accomplished life? The answer if relatively simple: take a financial literacy class in high school. Making decisions while ignorant on the subject is never a good idea, you’ll make mistakes, get cheated and sound stupid. Also, the importance of financial literacy classes is the extensive aid it will give to teens stepping out into the real word for the first time. All in all, even with little personal knowledge about the financial and social economy, one would be one step away from making an arrangement that could ruin their lives. …show more content…
As stated in the passage, “Working financial literacy with the Three R’s”, “Yet we are expected to make big financial decisions as early as our teens,” simple interest rate calculations, inflations, and depressions are all oblivious to the average teen. Financial markets seemed to have increased in complexity and the consequences of mistakes can be devastating. Not only do teenagers lack financial knowledge, but many of us barely know any basic economic concepts. Financial literacy matters in decision making. With today’s economy, teens should be able to make predictions about future things, such as, income growth, inflation, and pension