5 minutes
Financial culture.. Our youth is in danger
Dr..
Yousef al-Sharif
twitter.com/dryalsharif
May 11 2022
Perhaps many of us miss an important thing while raising and educating our children, which is financial education;
I mean everything related to money and how to manage this important part of our lives, so as soon as our young people separate from their parents financially, you find many of them, and I do not exaggerate if I say most of them, mismanage money, and I do not mean here wealth management, this is another topic, but what I mean is that even The salary he receives is not well disposed of, and soon you will find that he has implicated himself in a loan or started scattering his money without interest, and after a short period he returns to the family to support him and improve his situation or even to save him from debts and loans that he can no longer pay, and this situation is almost repeated in every Family and within every family except from the mercy of my Lord.
The other thing that I find also greatly affects the financial stability of our youth is the costs of marriage and the false glamor that many follow, whether he is capable of it or even if he is one of those who fear for their “prestige” or their view in front of society and the quarter, so you find him holding a legendary party and traveling a month Honey is the most expensive destination, in addition to precious gifts, watches, and diamond sets, which have become a condition and obligation that the husband presents to his fiancée, mother, and others.
It is a fact that we must refute that we did not improve the education of our children with financial literacy, and what we need in these days, especially that our youth is experiencing some suffering in the way they conduct their lives in light of many changes in the way of living, the level of income and the high costs of life, and everyone expects that the difficulties will increase in severity The coming days, and it is necessary to rethink how to control matters and the size of family spending, and to enhance the concept of investment among our generations, especially in future fields.
We can establish a financial culture in all age stages, and do not say that tomorrow the children will grow up and understand on their own, never.. Rather, we must teach them the value of money and the difficulties we face in obtaining it, and we must also make them understand the nature of our relationship with it, especially since there are those who promote wealth and deceive our youth with their lies. , which was explained in a previous article, and therefore it is better to introduce the concepts of financial culture in a deliberate and systematic way, so that our generations become accustomed to how to manage their future financial lives. Financial culture in our generations and societies.
It is necessary to rethink how to control matters and the size of family spending, and to enhance the concept of investment among our generations.
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* Lawyer and media writer
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