SHOULD SCHOOLS TEACH FINANCIAL LITERACY

Abstract

This scientific article explores the importance of introducing financial 
literacy education in school curricula. In the modern global economy, individuals are 
expected to manage personal finances, understand budgeting, savings, credit systems, 
and financial planning from an early age. However, many young people enter 
adulthood without sufficient financial knowledge, which often leads to poor financial 
decisions and long-term economic difficulties. This study analyzes the role of schools 
in developing financial awareness, the benefits of financial education, and the 
challenges of implementing it in educational systems. The findings suggest that 
financial literacy is a crucial life skill that should be integrated into school education 
to prepare students for real-world financial responsibilities.