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Didi Maselwa
Created on August 20, 2023
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Transcript
Financial Literacy.
A course that i believe should be mandatory for high school learners and why?
How some South Africans spend money:
ABOUT 61.8% OF SOUTH AFRICAN HOUSEHOLDS ARE IN DEBT. MORE THAN HALF OF OUR POPULATION STRUGLLES FINANCIALLY. !!!HIGHLY CORNCERNING!!!
This is why FINANCIAL lITERACY IS SO IMPORTANT
AS A YOUTH ASK YOURSELF THIS? IF I WERE RICH, WOULD I BE ABLE TO MAKE REPONSIBLE CHOICES WITH MY MONEY?
THE YOUTH ARE EASILY INFLUENCED BY CELEBRITIES AND DESIRE THE SAME THINGS AND LIFESTYLES.
A SHOW ABOUT PEOPLE THAT HAVE SQUANDERED THEIR MONEY RECKLESSLY.
I BLEW IT
:Investopedia.com:
”Black tax refers to the financial burden borne by Black people who have achieved a level of success and who provide support to less financially secured family members”. These monetary transfers are generally made between middle class and well-to-do Black people and relatives who are struggling to make ends meet.The term encompasses not only the financial transactions but also the toll that it takes on the well-off family member, who may be unable to build wealth in the same way as their White peers who don’t share the same financial obligation.”
Black Tax
- Black people
- Coloured people
- Indian people
Financially disadvantaged people.
Thank you for listening.
Financial literacy is just as importnt to teach as any other subject. It prepares students for life life and saves the trouble of making the wrong financial choices. I hope this enlightened and intrigued you.
In conclusion
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