Financial Literacy: Application to the Modern Learner and to the World

Enrichment Curriculum and Financial Literacy
Student’s Name
Institutional Affiliation
Course
Instructor
Date
Enrichment Curriculum and Financial Literacy
In the modern world, financial education is necessary for all individuals, whether they are employed or not. This knowledge is not only important to the individuals, but also to the nation’s economy. Including financial education as part of the school curriculum is a wise decision as a long-term process (Masnan & Curugan, 2016). This information needs to be built into curricula from an early age to enable the learners acquire knowledge and skills to become more responsible citizens. Financially literate individuals understand how money works through investment, expenditure and management. Throughout my years both as a young child and as an adult, I have learned several aspects in finance that have been instrumental towards my ability to manage money more effectively. Most of this knowledge was from my personal background, where I used to observe how my parents handled their finances and through this process, I have learned to challenge myself on how to become more effective. Therefore, this study is important as it allows me to explore the concept of financial literacy and how it applies to the modern learner and to the world.
A child growing up relies on their parents for financial support. At such a stage, the individual cannot understand the challenges involving in handling finances and hence lack the interest to learn the art finance management. However, after high school, the individual gets an opportunity to handle money and determine how to spend it. It is worth noting that whichever career that one chooses to pursue, it is impossible to avoid the topic of finance because the first place where one comprehensively interacts with it is at the college level. Incorporating the subject at the college and university level curriculum. While at work, in the military, and entrepreneurship, the individual faces some of the challenges and opportunities in handling finances. These stages determine the success of an individual in securing their future (Nitani, Riding, & Orser, 2020). Learners with solid financial knowledge are able to manage their finances more appropriately whereas those who lack these skills end up facing various life challenges, unable to accumulate wealth.
Unfortunately, Black and Brown students are underprepared for life due to systemic racism reaching back to the 1800’s. Neoliberal policies put restraints on how teaching should flow and prevents certain facts to be discussed in classes to ensure awareness of how Black and Brown individuals (marginalized groups) were set on a path keep them behind the curve of the White community (dominant group). As a mathematics teacher, it is my duty to ensure the curriculum is taught in a way that includes engagement, rigor, and purpose yet correlates with the mandated standards set by the district (policy/curriculum makers).
* Justification of significance of my focus
The high levels of unequal access to crucial education has necessitated my push for an equitable education/curriculum that is inclusive of standards that highlight concepts that will prepare students for life...