“Start young, build a financially sound future with financial literacy.”
In Nepal, financial education is not given much importance in schools and colleges, and it is mostly limited to business or management courses.
Financial literacy and capital formation are crucial for students in Nepal to secure a better future. In today’s world, students must learn about investments, savings, and budgeting from an early age.
These skills will allow them to make sound financial decisions in their personal and professional lives.
In Nepal, financial education is not given much importance in schools and colleges, and it is mostly limited to business or management courses.
This needs to change. Financial literacy and capital formation techniques should be introduced to students from grade 8 or 9, regardless of their stream. Students should learn the basics of investing in SIPs, IPOs, mutual funds, and stocks.
Teaching financial literacy to students will enable them to invest a small amount of money, which could be significant support for them in their higher education and entrepreneurship journey.
By investing a small amount of money, students can earn a substantial return on investment, which can cover their educational expenses or start their own businesses.
Moreover, with the advent of technology, there are plenty of online resources available for students to learn about financial literacy and capital formation.
Students should be encouraged to start learning about this, and schools and colleges can organize workshops, seminars, and guest lectures to help them learn more.
Providing financial literacy education to students will also have a positive impact on the country’s economy. It will help in creating more entrepreneurs, which will lead to job creation, and ultimately improve the economy.
