Whose responsibility is financial literacy education primarily?
Schools8%
Parents78%
Financial institutions11%
Government
Other (comment below)3%
37 PARTICIPANTS
Sr. Director, Internal Audit & Enterprise Risk in Software4 months ago
Whilst my first thought was it's the parents primary responsibility, I see too many repeat issues when it comes to children and managing money. Repeat bad behaviours such as living beyond one's means, living with enormous debt, not budgeting/prioritizing appropriately for the long term. I think financial literacy and education should be put on schools to teach children to break bad habits, understand the importance of saving, budgeting, investing, retirement, etc.