1. Why Teach Financial Literacy
Understanding Money: Kiyosaki argues that financial literacy is essential because most people lack the knowledge to manage money effectively. Without understanding how money works, individuals are more likely to fall into debt and miss opportunities to build wealth.
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Financial Literacy
While kids and teens get to learn about a lot of stuff, most families and schools do not teach them how to manage their money. In some families, it is considered a taboo subject and many friends are too busy showing off to help others manage their finances.
Even the basics of fina...
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