The difference now, of course, is that you have adult responsibilities, including making sound finan 2025

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TLDR: Making credit and financial education mandatory In the school curriculum can help young people make better financial decisions, avoid debt traps and build a strong financial foundation for their future.
Paying bills is often seen as a sign of adulthood because it typically involves taking on responsibilities that come with managing ones finances and living independently. However, adulthood encompasses more than just financial responsibilities.
Financial literacy is the ability to understand financial concepts and use your knowledge to make informed decisions about managing your money. This includes knowing how to create a budget, using a credit card responsibly, paying off debt, saving and investing for your future, protecting your money, and much more.
An adult is when one has full responsibility for him/herself. Bills are paid by oneself, appointments are made by oneself, confirming holiday plans with family members is done by oneself.
Financial literacy is the possession of skills, knowledge, and behaviors that allow an individual to make informed decisions regarding money. Financial literacy, financial education and financial knowledge are used interchangeably.
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