Clear Debt – Education Basics
Clear Debt With Educational Tools
Without a doubt, many people could have been in a position to clear debt if only they had had the education to do so. Educating students / children at an early age is one way that would control the spending of the future.
Having worked within an environment where people from the age of 21 + were being taught to budget, I often wondered whilst teaching budgeting, why this was not initially taught in schools. Had this been the case, my job would certainly not have been required.
On research, I found that The Bank of England has put efforts in to address this. Following is an extract from their site, where you’ll find much more information on ways to clear debt.
Clear Debt Education Recommended by Bank of England
“The Bank offers a range of resources and services to build awareness and understanding of its role and functions, and of central banking more generally. For the public, there is a large range of material on why inflation matters, Museum presentations and displays for all ages and a public enquiry service.
For young people, there is material on money, prices and the economy, including an annual competition for secondary school students. For other central bankers, the Bank’s Centre for Central Banking Studies conducts seminars and provides expert advice to monetary institutions throughout the world.”
Get your school to clear debt with education
If you are in a position where you have young children, why not discuss ways that they can introduce ‘An understand of how money works’ ? This could start from the very basics of pocket money spending right up to family budgeting.
In this way, the future of your children and others will be protected by their having enough knowledge to be able to clear debt as and when required.