Money management should be taught to students to enjoy a financially secure future. The right way to teach them at an early stage is through financial literacy. This is why the best schools in Dubai emphasise giving knowledge about finances to their students. These schools start by teaching them how they can strive for financial freedom. They guide them on whether the college they wish to choose or the course they are interested in can offer the expected financial security. This knowledge helps children make wise decisions and sort out their financial situation. Parents also understand the significance of financial literacy among children. Due to this, they prefer schools that offer this knowledge over those charging lesser Dubai school fees.Benefits of Teaching Financial Literacy in High Schools A financially aware person can always adjust their spending in their earnings. They would be able to make ends meet as they would know how to save, spend and invest their money. So when students get financial education at the high school level, they are more likely to live a financially secure life. Financial literacy will help people multiply their income sources. They will know how to get more monetary perks from a single income source and how investments can help them earn more. It is a fruitful thing to learn in the current times where finances are one of the most uncertain aspects of life. It is also helpful in improving grades as financial literacy is significant in commerce subjects, like economics. So for students in the commerce domain, it can actually be a mode to understand the subject well and grab better market opportunities based on their awareness of the finances. A student with proper financial knowledge can become an adult who trains others in this domain. Thus, this knowledge gives another career option to the students as they can work as financial experts. Teachers should teach students based on different activities. This could include conducting an exercise by dividing students into a group and giving them a task that teaches them financial stability. Make it a part of the curriculum plan and introduce it as a subject. This subject should also get counted in the final scores.Conduct seminars or talks from financial experts who can give productive tips. In addition, they can share motivational stories to encourage students to take financial literacy seriously.
Teaching Financial Literacy in High School: Preparing Students for Financial Responsibility
