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Financial Education – a paradigm shift?

In a recent radio interview I was asked whether Financial Education was present in many classrooms.

In my view the school curriculum in many cases is based on preparing children and young people for a working life which no longer exists.

In the old industrial economy, many did have jobs for life and a good education could bring a safe career. In the information age things have changed.

Communications and information technology mean that you are not just in competition with local kids for a job but with people worldwide. Many of whom, dare I say it, are willing to work harder, for longer, for less pay.

The answer in my opinion is to provide the skills and attitudes to enable our young people to not merely survive but thrive in the new economy. Self reliance, positivity, financial sense and enterprise awareness will all be highly valuable regardless of whether they enter a corporate path, self employment, or quite likely a mix of career and employment over their working lives.

Listen to the interview here

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