{"id":2560,"date":"2023-10-29T20:52:31","date_gmt":"2023-10-29T20:52:31","guid":{"rendered":"https:\/\/finpearls.com\/?p=2560"},"modified":"2023-10-29T20:52:31","modified_gmt":"2023-10-29T20:52:31","slug":"what-is-financial-literacy-the-compulsory-subject-of-life","status":"publish","type":"post","link":"https:\/\/staging.finpearls.com\/index.php\/2023\/10\/29\/what-is-financial-literacy-the-compulsory-subject-of-life\/","title":{"rendered":"WHAT IS FINANCIAL LITERACY: THE COMPULSORY SUBJECT OF LIFE"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong><u>Key takeaway:<\/u><\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The dark reality of the <strong><em>Education system<\/em><\/strong><\/li>\n\n\n\n<li>How to treat money<\/li>\n\n\n\n<li>Basic understanding of <strong><em>Financial literacy<\/em><\/strong><\/li>\n\n\n\n<li>Science of Money<\/li>\n\n\n\n<li>Curse of being financially illiterate<\/li>\n<\/ul>\n\n\n\n<p class=\"has-drop-cap\">In our whole conventional academic life from <u><a href=\"https:\/\/dictionary.cambridge.org\/dictionary\/english\/kindergarten\" data-type=\"link\" data-id=\"https:\/\/dictionary.cambridge.org\/dictionary\/english\/kindergarten\">kindergarten<\/a> <\/u>to high-end <a href=\"https:\/\/en.wikipedia.org\/wiki\/Professional_degree\" data-type=\"link\" data-id=\"https:\/\/en.wikipedia.org\/wiki\/Professional_degree\"><u>professional degrees<\/u>,<\/a> we learn a lot of subjects, those subjects include both optional and compulsory, optional are those in which we are free to choose according to the needs of our professional field, and compulsory refers to those subjects which are generally important no matter which field you select, but do you have any idea our education system lacks the most important subject and that is:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong><em>\u201cTHE SCIENCE OF MONEY\u201d<\/em><\/strong><\/p>\n<\/blockquote>\n\n\n\n<p>Yes, the <em>\u201cscience of money\u201d<\/em> is the most important and compulsory subject, our education systems lack, but do you know why this subject is missing? Our educational system is designed to educate people with different skills, the problem is, they don\u2019t teach them how to use those skills to make a financial fortune for themselves but they <strong><em>train them for jobs<\/em>.<\/strong> These trained students are hired by the <strong><em>rich<\/em><\/strong> who know the science of money and use it to make a financial fortune for them.<\/p>\n\n\n\n<p>A smart student defines the school as \u201ca prison\u201d and when that kid was asked by her father; why she thinks school is a prison she replied: in school, they call us at the specific time when we get late they punish us, then after bringing us in they locked up in the classrooms like a prisoner where we even need to ask first to use the washroom, then they teach us the skills to get hired by some firm and become the slave of them for the rest of the life.<\/p>\n\n\n\n<p>Education is essential, but the ongoing way of conveying it is obsolete, someone said that: <strong><em>our system is designed to keep us poor<\/em><\/strong>. And that is the unfortunate truth. When I was in a business school they taught us everything except the science of money, their whole focus was on <u><a href=\"https:\/\/en.wikipedia.org\/wiki\/Curriculum\" data-type=\"link\" data-id=\"https:\/\/en.wikipedia.org\/wiki\/Curriculum\">curriculum<\/a><\/u> and job skills, and in my opinion that is the key reason our markets are flooded with the tsunami of job seekers and lack of jobs.<\/p>\n\n\n\n<p>Let us take the example of the richest person in the world, <u><a href=\"https:\/\/www.forbes.com\/profile\/mark-zuckerberg\/?sh=7b00eab43e06\" data-type=\"link\" data-id=\"https:\/\/www.forbes.com\/profile\/mark-zuckerberg\/?sh=7b00eab43e06\">Mark Zuckerberg<\/a>.<\/u> He is the founder and CEO of Facebook. the most popular social media platform in the world and he is a multi-billionaire too, but do you know what is the most important thing in his case, <em>he is a college dropout<\/em>, but it doesn\u2019t mean he hasn\u2019t learned anything from college but it refers to how he uses what he learned, he takes knowledge but didn\u2019t use it to make someone else a fortune but he made it for himself. Do you know why most billionaires are college dropouts because they <u><a href=\"https:\/\/www.merriam-webster.com\/dictionary\/rebel\" data-type=\"link\" data-id=\"https:\/\/www.merriam-webster.com\/dictionary\/rebel\">rebel<\/a><\/u><\/p>\n\n\n\n<p>against the system, they don\u2019t follow it, as we mentioned above<strong><em> \u201cSystem is designed to train <u><a href=\"https:\/\/en.wikipedia.org\/wiki\/Slavery\" data-type=\"link\" data-id=\"https:\/\/en.wikipedia.org\/wiki\/Slavery\">slaves<\/a><\/u> for the people who rebel against it&#8221;<\/em><\/strong> and make them rich.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong><u>FINANCIAL LITERACY: THE SCIENCE OF MONEY:<\/u><\/strong><\/h2>\n\n\n\n<p>Financial literacy is all about understanding how money works and remembering it teaches you; <em>\u201c<strong>how money works instead of how you should work for money\u201d<\/strong><\/em> This is the basic distinction between what our system teaches and what financial literacy teaches us. The majority is controlled by money, they are stuck in the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Rat_race\" data-type=\"link\" data-id=\"https:\/\/en.wikipedia.org\/wiki\/Rat_race\"><u>rat race<\/u> <\/a>and spend their all lives paying bills, and that\u2019s completely fine but the problem is the bills never stop and they never let you stop. This is the circle they follow every day, month, and year and still get nowhere. The understanding science of money teaches us how we make money work for us and how can we make money a servant instead of being slaves to money, by breaking the trap in which most of us are stuck.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong><u>MAKE MONEY WORK FOR YOU:<\/u><\/strong><\/h2>\n\n\n\n<p>Money is a <strong><em>Tool<\/em><\/strong>, stop treating it as a <strong><em>Master<\/em><\/strong>, it has a very bad habit when you make it feel that you need it more than anything and can do anything to get it, it makes you a slave and makes you work like a donkey, who is running to get a carrot hold by a master tie on the stick, to make him tug the cart he is sitting on. Yes, <strong><em>Money here, is that man on the cart and the financially illiterate person is like the donkey running behind the carrot <\/em><\/strong>and never getting it because the carrot is a paycheck he gives to pay bills.<\/p>\n\n\n\n<p>There is a way you can be a master and make money \u201ca donkey\u201d, running your cart paying bills, and letting you enjoy the ride of life. To make it possible you should learn how to make money work for you.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong><u>CONCLUSION:<\/u><\/strong><\/h2>\n\n\n\n<p>Adding the most significant subject of life to our curriculum should be the priority of our education system, or else this system will continue to raise slaves for the rich. It is our core responsibility to teach our kids how money works. From the beginning of their life parents used to tell them when they ask for an expensive thing that \u201cwe can\u2019t afford it!\u201d but unfortunately, they don\u2019t talk about how we can afford it and how this whole system works, keeping children from the most important subject of life is like pushing them into the examination hall with preparation. We recommend people prepare their children for a financial world from the beginning, your little effort will play a vibrant role in their successful financial future and keep them for the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Hamster_wheel\" data-type=\"link\" data-id=\"https:\/\/en.wikipedia.org\/wiki\/Hamster_wheel\"><u>hamster wheel<\/u> <\/a>of financial life.<\/p>\n\n\n\n<p>Do you want to know the most effective ways to control money? Then you need to learn the subject the \u201cscience of money\u201d. Here on staging.finpearls.com\/, we will share some of the best tactics to make you financially successful and how the cart of your life can be steady and smooth even by not pulling it yourself.<\/p>\n\n\n\n<p><strong><em>THANKS!<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key takeaway: In our whole conventional academic life from kindergarten to high-end professional degrees, we learn a lot of subjects, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[5],"tags":[],"class_list":["post-2560","post","type-post","status-publish","format-standard","hentry","category-personal-development"],"_links":{"self":[{"href":"https:\/\/staging.finpearls.com\/index.php\/wp-json\/wp\/v2\/posts\/2560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.finpearls.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.finpearls.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.finpearls.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.finpearls.com\/index.php\/wp-json\/wp\/v2\/comments?post=2560"}],"version-history":[{"count":0,"href":"https:\/\/staging.finpearls.com\/index.php\/wp-json\/wp\/v2\/posts\/2560\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.finpearls.com\/index.php\/wp-json\/wp\/v2\/media?parent=2560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.finpearls.com\/index.php\/wp-json\/wp\/v2\/categories?post=2560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.finpearls.com\/index.php\/wp-json\/wp\/v2\/tags?post=2560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}