Recently, a survey was conducted on a certain 600 teen students and about 93% of the teen respondents expressed a desire to learn more about digital payments and a meagre 22% of the surveyed teens said that they were confident of using digital payments and that they do have the necessary knowledge. 22% is in no way a promising number, at times like now, when advancement in technology is at its peak, it needs to be ensured that the children of this generation are very well aware of digital payments and have all sorts of financial knowledge.
When the survey was conducted, it was observed that about 96% of the parents of the surveyed teens expressed their concern over the fact that their children lack a proper financial literacy and hence they stressed over the importance of introducing a more organized platform to ensure financial literacy for kids which would make them skilful and ready to face the future.
What is it meant by financial literacy?
We are here talking about financial literacy but do we actually understand the term? Do we really understand its importance and why is it so important to make our children financially educated? Well, I doubt we do. Ensuring proper financial education for children is a fundamental step towards making a generation financially independent and capable. Financial independence is not all about being rich and earning a handsome amount of money, it is rather all about being financially capable to look after yourself and not be totally dependent on others.
Money management is an essential skill every individual must possess. Let’s take a little detour and have a better understanding about money management with the help of an example. Let’s say you have a certain amount of money in your hand and you are free to spend it in whatever way you see fit, how would you spend the money? A financially educated individual would spend the money judiciously, whereas an Individual lacking financial education would go around spending the money unnecessarily.
As of this time when technology has advanced beyond perception it has become easier for individuals to earn money. Particularly, it has now become easier to earn money online in india for students with the help of technology. But before being able to earn money it is important for them to have proper financial education, that too from a recognised platform specialised in the field which would ensure that the kids learn all necessary skills including money management.
Upsurge is just the platform we are looking for. It is a platform that intends to make a generation financially educated and capable and they intend to do so by providing children a proper financial education and groom them with money management skills, entrepreneurial skills among other skills which would make them pave their own way. Look for one such platform for your kids and make sure you educate them financially and make them capable to tackle and cope up with the financial challenges they would face in their latter days.