Personal Finance Quotes
Personal finance is possibly the most important skillset anyone can learn. It improves every aspect of life, yet the critical subject is surprisingly missing in most educational curriculum. As people realize that this fundamental education is missing, a movement is rising to confront the problem of financial illiteracy in the US and worldwide. A powerful force in this movement are personal finance quotes. These are quotes about the necessity of personal finance education, spoken by celebrities and people with authority in the field. These personal finance quotes collectively raise public awareness and affect public opinion in support of the cause and hopefully encourage people to teach personal finance in their community.
Quotes About Personal Finance Emphasize Its Importance
All members of society, no matter how eminent, have had to deal with their personal finances. Such experiences, often frustrating, have made prominent individuals aware of the necessity for personal finance skills. Personal finance quotes and sayings by these noted members of society are a testament to the ubiquitous need for competencies in personal finance. Financial education quotes can be incorporated into curriculums in order to emphasize the importance of what the students are learning.
Authorities and Celebrities Verbalize the Importance of Personal Finance Skills
“Academic qualifications are important and so is financial education. They’re both important and schools are forgetting one of them.” – Robert Kiyosaki, founder of the Rich Dad Company
Smart financial planning – such as budgeting, saving for emergencies, and preparing for retirement – can help households enjoy better lives while weathering financial shocks. Financial education can play a key role in getting to these outcomes. Ben Bernanke, former Chair of the Federal Reserve
“It’s pretty much how we get anything added to the curriculum. When parents said children needed to be computer literate, the schools started responding. The same thing is true of basic financial literacy.” – Elizabeth Warren, United States Senator
“I want kids to understand the importance of savings and investing. It’s crucial that people understand the importance of financial literacy, because it’s actually life saving.” – Mellody Hobson, President of Ariel Investments
“The number one problem in today’s generation and economy is the lack of financial literacy.” – Alan Greenspan, former Chairman of the Federal Reserve
Personal Finance Quotes on Thriving Today and Tomorrow
“Financial literacy is an issue that should command our attention because many Americans are not adequately organizing finances for their education, healthcare and retirement.” – Ron Lewis, former United States Representative
“If you stop at general math, you’re only going to make general math money.” – Calvin “Snoop Dogg” Broadus Jr.
If you want to thrive in today’s economy, you must challenge the status quo and get the financial education necessary to succeed. Robert Kiyosaki, founder of the Rich Dad Company
“Being promoted to a top position in your organization, or even being elected to public office, does not suddenly endow you with financial literacy, if you did not acquire and develop it, earlier in your life.” – Strive Masiyiwa, founder of Econet Wireless
“I think people don’t understand compound interest because typically no one ever explains it to them and the level of financial literacy in the US is very low.” – James Surowiecki, journalist at The New Yorker and author of “The Financial Page” column
When Schools Lack Personal Finance Education, People Watch TV
Only 17 states require a personal finance course in high school as part of graduation requirements (Council for Economic Education). https://www.councilforeconed.org/wp-content/uploads/2018/02/2018-SOS-Layout-18.pdf
A study analyzing South Korean students found that youth who chose media as their primary means of economic education exhibited the highest levels of financial literacy (ResearchGate.net). https://www.researchgate.net/publication
/221896126_Adolescents’_Financial_Literacy_The_Role_of_Financial_
Socialization_Agents_Financial_Experiences_and_Money_Attitudes_in_
Shaping_Financial_Literacy_among_South_Korean_Youth
Quotes Support Education in Personal Finance
Personal finance quotes help ordinary people to recognize the importance of personal finance programs and to realize that even the most well-known celebrities have to manage their personal finances. Such a realization is a step forward for the individual to take learning into his or her own hands and seek out knowledge in financial literacy. While a properly constructed personal finance activities can provide participants with a wealth of information, personal finance quotes help learners realize the importance of financial literacy and make them more likely to implement the key takeaways of the financial education programs in their own lives.