The Problem
In the town where I live, many of the first and second-generation immigrant kids lead a more financially comfortable lifestyle due to their parents being well established. However, it is very critical for the younger generations to understand the importance of financial responsibility and literacy and be able to handle their own finances well as they grow. The public schools around this area focus a lot on stem but are missing a financial literacy program. I believe that if our generation is uneducated about the basics of finance or doesn’t have any financial literacy, it may cause them problems in the future, similar to what our parents had to go through.
