Why is financial literacy so important and why should we be learning this at school.

Few of us are prepared or have the confidence to talk about life money matters especially as financial decision-making grows more complex year on year. Consumer habits and financial products are rapidly changing, and financial literacy has taken a blow.

Meanwhile, credit card companies, banks, and other financial institutions are inundating consumers with credit opportunities—the ability to apply for multiple credit cards or even pay off one card with another. Without proper knowledge and understanding, this makes it incredibly easy to get into financial trouble.

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