We all want the best for our children – a great effort goes into
providing a quality education so that they can succeed in
life,
but is it enough … ? Essential money skills are what our young
people desperately need to avoid the traps waiting in
the “real
world”. Ask yourself these questions – do we want them to be;
- slaves to their jobs,
- victims of finance companies and payments,
- continually struggling to get started in life.
Or can we give them the fundamental but essential money skills
to be happy, successful and truly prosperous. No
education is
complete without these skills! We need to empower our young
people so they don’t fall victim to the financial sharks.
Young
people have many decisions to make in life – education,
career,
partners etc. – a lot of important choices! But there is one thing
they will have no choice about – they will all need to be
able to manage and control their money –
no-one else will do this for them. We either control our money or it will control
us. It is not enough to give our young
people an education to get a job. It is essential to show them the vital skills of managing money, controlling debt and understanding how money works.
Today the newspapers are full of articles telling how our teenagers and young adults are in serious trouble with crippling
debt from credit cards, mobile phones, car loans, higher education fees etc. Credit providers will give our young people money without any real concern as to whether they can afford to live with that debt. There is a whole industry out there
trying to get them hooked into the credit trap! Debt is fast becoming the main cause of family and relationship
breakdowns in Australia. Tragically our young people are starting out in life full of confidence and enthusiasm only to find themselves becoming slaves to their job and trapped in debt.
Financial education is the only solution.
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