Financial Education for Youth
OECD – The term “financial education” in a school context is used to refer to the teaching of financial knowledge, understanding, skills, behaviors, attitudes and values which will enable students to make savvy and effective financial decisions in their daily life and when they become adults.
The outcome of financial education is typically referred to as financial literacy or financial capability.
The individual is responsible for the financial product he or she decides to purchase, and the individual will face all the consequences of the choice. In addition, the current economic and financial environment can make it even more difficult for individuals to find and remain in a stable and salaried occupation.
All of these trends have transferred the responsibility of major financial decisions to individuals. more> http://tinyurl.com/md368eg