Now Reading:

Financial literacy in high school? Yes, please!

Financial literacy in high school? Yes, please!
SHARE

Financial literacy is the ability to understand how money works. Think of it as having a specific set of skills that allows the individual to make informed decisions using financial resources. One of the goals of the newly established K-12 curriculum is to promote a more practical education⁠—so does this mean financial literacy should be included in a senior high schooler’s study list, too?

Read more: The Court says you’re not required to take Filipino in college anymore

Senator Sherwin Gatchalian thinks financial literacy should be included in the Senior High School (SHS) curriculum. He believes that doing so could help the youth be educated “against investment schemes early,” reads an Inquirer report.

In a Senate interview, he further added, “I think pwede nating umpisahang pag-usapan ito sa high school dahil karamihan ng mga high school, especially in our system, mag-ta-trabaho na yan.”

Read more: Young, dumb, and broke no more: 8 ways to earn extra money online

This plan has been ignited in the middle of the Ponzi scheme that was allegedly executed by Kapa-Community Ministry International Inc. (Kapa), a religious corporation in Surigao del Sur. A Ponzi scheme is defined as a fraudulent scam that promises “high rates of return with little risk to investors.”

 

Art by Marx Fidel


SHARE

Comments

Written by

Input your search keywords and press Enter.