{"id":28133,"date":"2024-03-16T15:24:04","date_gmt":"2024-03-16T14:24:04","guid":{"rendered":"https:\/\/phoneenglish.es\/blog\/?p=28133"},"modified":"2024-04-16T08:28:54","modified_gmt":"2024-04-16T06:28:54","slug":"financial-literacy-education","status":"publish","type":"post","link":"https:\/\/phoneenglish.es\/blog\/2024\/03\/financial-literacy-education\/","title":{"rendered":"Financial Literacy Education"},"content":{"rendered":"\n<p><strong><em>B2 &#8211; Upper Intermediate<\/em><\/strong><\/p>\n\n\n\n<p>Financial literacy is defined by Investopedia as the ability to understand and use various financial skills, including personal financial management, budgeting, and investing. This form of literacy is not highlighted in many societies around the globe, or maybe because of its diminished importance, many of us are not as concerned about it.<\/p>\n\n\n\n<p>We frequently hear people lamenting the lack of financial education they receive, or more precisely, the lack of instruction or exposure to budgeting techniques, which they believe has contributed to the financial instability that the majority of Americans currently experience\u2014or perhaps that of the global populace as a whole.<\/p>\n\n\n\n<p>To find out more about why financial literacy instruction in the US is so bad, watch the video.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Why financial literacy education in the US sucks\" width=\"580\" height=\"326\" src=\"https:\/\/www.youtube.com\/embed\/0uvurQcj0fs?start=30&#038;wmode=transparent&amp;rel=0&amp;feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p><strong>Vocabulary Questions:<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>What is the meaning of <strong>&#8220;driving force<\/strong>&#8220;? <em>&#8220;And that lack of literacy is one <strong>driving force<\/strong> behind the financial instability a lot of American face.&#8221;<\/em>Give two (2) synonyms or similar expressions and use \u2018driving force\u2019 in your own sentence.<\/li>\n\n\n\n<li>Do you know what<strong>\u00a0\u201cto take a crack at something\u201d<\/strong> means? <em>&#8220;Your history teacher <strong>might have<\/strong> <strong>taken a crack at <\/strong>teaching you about credit card debt.&#8221; <\/em>Construct your own sentence using this phrase.<\/li>\n\n\n\n<li>What is the meaning of <strong>&#8220;trickle up&#8221;<\/strong>?<em>&#8220;Financial education has a <strong>trickle up <\/strong>effect on students\u2019 families and even the classes\u2019 teachers.&#8221;  <\/em>Use it in your own sentence.<\/li>\n<\/ol>\n\n\n\n<p><strong>Discussion Questions:<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>What is financial literacy and how important is it in the society?<\/li>\n\n\n\n<li>Should financial literacy be taught at schools? Share your thoughts.<\/li>\n\n\n\n<li>Do&nbsp;you&nbsp;believe&nbsp;that&nbsp;having&nbsp;financial&nbsp;literacy&nbsp;would&nbsp;make&nbsp;people&#8217;s&nbsp;lives&nbsp;better? Elaborate on&nbsp;your&nbsp;response.<\/li>\n\n\n\n<li>What is a suitable age to start learning financial management? And why?<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>B2 &#8211; Upper Intermediate Financial literacy is defined by Investopedia as the ability to understand and use various financial skills, including personal financial management, budgeting, and investing. This form of literacy is not highlighted in many societies around the globe, or maybe because of its diminished importance, many of us are not as concerned about [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[291,39,292,290,14],"class_list":["post-28133","post","type-post","status-publish","format-standard","hentry","category-homework","tag-b2-upper-intermediate","tag-finance","tag-first-certificate-fce","tag-listening","tag-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v16.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Financial Literacy Education | phone english blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/phoneenglish.es\/blog\/2024\/03\/financial-literacy-education\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Financial Literacy Education | phone english blog\" \/>\n<meta property=\"og:description\" content=\"B2 &#8211; Upper Intermediate Financial literacy is defined by Investopedia as the ability to understand and use various financial skills, including personal financial management, budgeting, and investing. 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