Income inequality around the world has quickly become a very contentious and combative debate. In America alone, nearly 50% of all Americans do not have enough money to pay for a $500 emergency expense. Uncertainties surrounding economic recessions, COVID-19, trade-wars, and technological automation have made prior career choices obsolete in certain segments of the country. Likewise, millions of Americans are struggling with crippling student loan debt that is harming their overall ability to purchase assets or even save for retirements. Each of these trends are exacerbating only larger government debts, strained pension systems, and a social security system that threatens to become involvement (Braunstein, 2002)

To combat these issues, it is critical to create a much more comprehensive and robust financial literacy program early in a childs education. Here, it is critical to establish a culture of awareness related to money and how to have a proper relationship with it. As noted above, too many Americans have succumb to financial pitfalls such as high student loan debt, high credit card debt, low savings rates and much more. A proper financial literacy program will better prepare students against the perils of easy money that is accompanied by a societal pressure of consumerism. Simply concepts such as compound interest, stocks, bonds,...

Outside of health, financial literacy can be considered the most important discipline a student will learn in their life. Every single human being on the planet will at some point interact with the finance discipline, whether its being offered a store credit card, using a banking product, purchasing an investment, applying for mortgage, buying a car, or simply reviewing a credit score. Understanding the basics of each of these concepts can allow Americans to better prepare for a future in which they take control of their own financial futures as oppose to leaving it up to governments or other third parties. Through proper courses we can alleviate many of…