Household and adult financial competencies Whilst it is all very well and good to teach our children about better management and understanding of their personal finances, it cannot be very effective unless these lessons that are taught at schools are also being supported and practiced in their home environment. This brings us to the importance of adult financial education.
Financial issues are constantly changing reflecting the modern society that we live in. Today more than ever before people are being faced with financial decisions earlier in their life. The availability of easy credit and the pervasive power of advertising expose consumers to so many choices and challenges.