I’m a strong advocate for financial education with the goal of improving financial capability, which is the ability to manage, save, discuss and become more resilient with money.
It is a huge missed opportunity in this country that there is not a standard module in secondary school or indeed at third level, to educate younger people on how to manage money, tax, insurance, savings, pensions and investments. Some of us manage it badly when we are finally left to our own devices, but we would be forgiven for this, as we never learned about it growing up.
So, I was glad to read of two financial education and awareness initiatives that are currently ongoing in Ireland.