Financial illiteracy in the school curriculum | Kieron Sweeney | TEDxStanleyPark
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- เผยแพร่เมื่อ 15 มิ.ย. 2016
- Most people could be financially secure if they were given the proper ‘how-to’ education as a child. This talk challenges the school system to revise its curriculum and teach children a financial foundation to guarantee their financial security.
Kieron Sweeney - kieron@kieronsweeney.com - is an international speaker, business mindset coach and author. His innovative wealth-building strategies have helped many people become financially secure.
This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at www.ted.com/tedx
This is an extremely important subject regarding the fact that children are not taught simple money management habits in school. And the lack of financial literacy is pervasive in society. If you are an educator please share this video. If you know educators, please share this video. Share with your children regardless of age. The solution presented is simple and it works. In time, simple money management habits will be taught to children, either in school or online. Please support our cause by sharing this video.
Kieron, you never fail to add value to any event you participate in. Keep being awesome!
Boy I wish I had developed this habit when I was young. I'm definitely teaching this to my kids! Thanks, Kieron!
Kieron Sweeney, all I can say is I wish I had been educated on financial literacy. Impressive talk, world changing vision. 10% from hereon out. Thank you!
Such a moving talk. Amazing story and wonderful vision. We NEED financial literacy in education!
What a wonderful way to teach us about Financial literacy. Life Golden buckets
Thank you Kieron
I’m more than happy to discover this channel. I need to thank you for your time for this, particularly a fantastic watch!! I liked every little bit of it and I have subscribed you to look at new post all the time.
Kieron Sweeney sharing valuable wisdom as always!
I like your blog presentation. It is informative too, at the same time. Thanks a lot for your guidance!
WOOOOO!!!! Great talk, Kieron. I felt this one. It's an incredibly important topic that needs more awareness. Financial literacy is non-negotiable.
Kieron, you have articulated the importance of financial literacy in a very engaging manner. Thank you!
Thank you sir!
Oh my god. Kieron you blew me away I 100% agree with your method, but I'll adapt your strategy after I have my emergency savings account and rainy day fund.
Money Management System:
Income-Tax=Money
10% investment account
10% spending account
10% education account
50% life's necessity account
10% fun account
10% charity account
School don't wants us to learn about financial management because debt is a huge business. Sometimes it's better to not go to school and just learn on TH-cam or any free courses than having a student loan.
But financial literacy would not benefit lots of industries, such as credit card companies, health and insurance industries, education/student loan industries, as well as many banks. As you said, debt is - what? Debt is - multi-billion dollar industry, and that industry will do anything to keep the status quo.
That's why financial literacy will never be pushed by the government because it can reduce their income that came from taxpayers.
14:58 lowkey sounded like the joker
It will never happen because they don't want them to have money. - TAV ♥️🇺🇸🌎👍
Wow I really wish schools would add financial literacy to their curriculum.
[Citation needed]
I wonder how he was able to invest in real estate
“Dave Ramsey”
You had me at the title and for the first few minutes, but lost me at "I have 4 children - 2 sons and...2 shoppers".
Yuck. What a message to be sending.
I'll find other resources for my students that don't promote that kind of gendered division and stereotyping. Too bad, as it would be nice to get a local, Lower Mainland perspective.
This guys spend so much talking but did not actually say anything of value.
I'll save you time. My advice is better spend less than you make, invest in index funds, and do not get in debt.
Now if only the average pay of the everyday jobs could stretch that far. Not everyone is going to become a Doctor, Lawyer or Nuclear Engineer. Easy to talk big when you are pulling in an easy six figure salary. Lets max your pay out at $43,000 a year. And since that’s all you make, few women want anything to do you, so you remain alone. Since this story doesn’t have a cheerful Disney ending. It gets passed over and we just charge the card...
$100/mos. saved at 15 by the 10% rule means, making $1000/mos. ... Hmmm... sorry, but which 15 year old earns that kind of take-home again?!?! $25/mos. seems more likely for a high schooler with part-time/seasonal work! & 20 year olds are still college students & often not working fultime, so $500/mos. saving with 10% rule, again, doesn't work! Which 20 year old has a $5000/mos paycheck, while paying tuition? It's hard to take financial advice from a guy who seems unable to do basic maths!
But it sounds good, and that's all that people want. Theoretical numbers and a system to blame. That damn education system has failed us!!! It's THEIR FAULT. Not mine. It's time everyone woke up and took responsibility for themselves. It's this pie in the sky fluffy feel good 'imagine' speak that's destroying realistic, objective thought. Maths is the pre-cursor for learning financial literacy. So that is a given. It's not a 'knowing' problem, it's a doing problem. My 13-year-old nephew had $150 saved up from his birthday presents, I asked him what he would do with it. He told me he was going to save 75% and spend 25% on some games. When I was younger, I too had to save up for the things that I wanted. It's not the school system that's failing us at all. It's the ability (or lack thereof) of every man and woman to take responsibility for their own actions.
There are people that age that go to trade school and make that money straight out of high school. College is the biggest scam lmao!!
Why must schools teach financial skills, isn't this the parent's responsibility. My mother taught me financial responsibility with three quarters. One quarter you save, one to give to charity, one quarter to spend if you want to. Budgeting came later.
I guess if the parents were never thought it when they were young they wouldn't be able to teach their kids. And since school is where we go to learn all the other important stuff for our future lives as adults why not teach it in schools? After all money is the one thing that every single person in the world will be affected by regardless of class color, creed or background.
This will only widen the wealth gap because of generation ignorance. It needs to be taught in schools, just like education (which was not public at first).
Financial skills is more important than 95% of the things they teach in school!!!
Really? The public school system is to blame for the global debt crisis?? Ridiculous conclusion unsupported by any facts. You have "two boys and two shoppers?" Mysogenist much? While I don't disagree that basic financial literacy is a good topic for school, this talk is unlikely to make educators add one more thing to the already over-loaded curriculum. What would you subtract from all the things schools are already expected to cover? Rather than blame schools, maybe join discussions on what we, as a culture, want schools to do, because this talk just wants to dump one more thing onto teachers. Who will teach this? Where will training come from so that it's balanced and considers all of the social implications when you have children in poverty learning these lessons alongside children of wealth. Pretty tough to save anything when your folks work minimum wage jobs and lunches aren't always affordable.
Thanks for your input. You don't have to agree. Its my own view which is shared by many. However, when we grow up in a school system that does not teach simple money management habits, I do believe there is a rooted connection between how global leaders have squandered billions in taxpayer dollars and created massive debt. With a declining population in the western world it is quickly becoming mathematically challenging to pay down these debts without a significant tax increase. And banking is a business. The business of selling debt. $1.3T in student loan debt in the U.S.? There is a quiet government bailout going on for graduates because many are on the verge of bankruptcy. And have you watched The Big Short? The system is not serving to create prosperity for the masses. And the blueprint of 2009 still exists and is being repeated currently while we slowly move towards another crisis. I am proposing a solution to introduce a simple money management system in the school system so we create habits in our young people before they become conditioned by a system that influences debt. Many educators are embracing this proposed solution and I am aligned with several non-profit groups to bring this information to schools and it is being well received. As for the shopper comment, its a family joke and my daughters and I joke around about their love for shopping. Before you pass judgement, seek first to understand and perhaps get to know the messenger. Also, proposing solutions versus judgement and reactionary criticism is more welcome. I wish you well.
Ms McVittie i can understand your pain of 'over-loaded-curriculum' :D Its a fact and drastic situation. School system putting more and more pressure on teacher, but now its teacher's time to raise voice against the system,stop compromising, and find a solution collaboratively, make them to cut down the un-necesary activities.
Now if we talk about this video, Mr. Kieron Sweeney raised a very serious concern, please try to understand and think about it whenever you get the free time. Lack of financial fundamentals in schools, somehow connected to how the leaders took decisions. School system must also focus on Moral values and must must teach them about recent wars. Must tell them ( transparently) the statements of countries of BOTH sides, and what are the loses of becoming Superpower greedily.
Get rid of Algebra and Geometry and teach money management instead! The issue is teachers themselves dont even know much about money management
Wow, it must be nice to be able to blame someone else instead of taking responsibility... sure, just pass the buck from parents to the education system & teachers. I mean they're the one who birth & raised the kid... oh, wait!
Parent responsibly or don't have kids, period!