Financial Literacy: The Missing Skill in National Education Systems
A lack of structured financial literacy education is increasingly linked to poor economic outcomes among citizens, a new report warns.
As inflation rises and financial pressures mount, the need for basic money management skills is more critical than ever. Yet, a recent report by the National Institute for Economic Research reveals that most citizens lack even fundamental knowledge of budgeting, saving, debt management, or investment planning.
Financial experts argue that financial education must be incorporated into school curricula to prepare younger generations for real-world challenges. At the same time, digital platforms and mass media should be leveraged to educate adults who never had access to such training. Promoting financial literacy is not just a personal need—it’s a national economic priority.
