Why financial planning should be taught at schools

Life Orientation is not doing enough to equip learners with the financial planning tools that will empower them as adults, a wealth coach explains.

While the subject teaches pupils about themselves, society and self-awareness, it is missing the mark on core financial skills needed to grow and protect money.

Expert Samke Mhlongo says financial planning, saving and investing should be part of the skills taught through a subject focusing on entrepreneurship from primary school.

There's room for more financial planning to be included in the curriculum.

Samke Mhlongo, ‎Wealth Coach at ‎TNC Wealth Partners

I would advocate for financial planning to be part of an entrepreneurship-type subject and syllabus.

Samke Mhlongo, ‎Wealth Coach at ‎TNC Wealth Partners

Take a listen:


Recommended

by NEWSROOM AI

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Top tips for choosing where you should retire

Top tips for choosing where you should retire

For many, the retirement village life has become an attractive option. But what should you consider before making the investment?

Clock ticking and not enough cash for retirement? You still have options

Clock ticking and not enough cash for retirement? You still have options

There's a lot more to ensuring happiness in retirement, explains life coach Hilary Henderson and nursing sister Irene Mabanga.

What is a credit record and why do you need one?

What is a credit record and why do you need one?

Financial guru, Maya Fischer French takes you through the importance of a credit record and the best way to set one up.

Financial guru Sylvia Walker pens book to help women build, protect their wealth

Financial guru Sylvia Walker pens book to help women build, protect their wealth

Author Sylvia Walker says that the book aims to empower women to become financially savvy, irrespective of their marital status.

Dropping compulsory maths for accounting pupils wrong answer, says lecturer

Dropping compulsory maths for accounting pupils wrong answer, says lecturer

Maths lecturer Dr Jacques du Plessis says pure maths is needed before matric to set the foundation for aspiring accountants.

Is your child grappling with numbers? Breaking down dyscalculia, a math disorder

Is your child grappling with numbers? Breaking down dyscalculia, a math disorder

Maths guru Rene Fahrenfort explains that kids with dyscalculia struggle to understand number concepts or use symbols or functions.

Scrapping maths shows aversion to dealing with maths teachers - educationalist

Scrapping maths shows aversion to dealing with maths teachers - educationalist

Last week the Department of Education proposed doing away with making mathematics compulsory for pupils in grades 1 to 9.

Popular articles
Why are African teams under performing in the 2018 World Cup?

Why are African teams under performing in the 2018 World Cup?

With only five teams in the World Cup, Africa's performance hasn't exactly been memorable, so what could be the problem?

[Listen] Local hero saves family from fire

[Listen] Local hero saves family from fire

A CapeTalk listener shares the story of a young man who saved a family of five from a burning house.

Woman exposed for calling fellow aircraft passengers the K-word

Woman exposed for calling fellow aircraft passengers the K-word

Reverend Solomuzi Mabuza says he is considering laying charges against the woman for calling him a ka***r.

What business is Nomgcobo Jiba doing at NPA offices?

What business is Nomgcobo Jiba doing at NPA offices?

Freedom Under Law is demanding an explanation from the NPA after Jiba was spotted at their offices, defying a court order.

Hate plastic? Grocer Nude Foods doesn’t have any of it! It’s also cheaper…

Hate plastic? Grocer Nude Foods doesn’t have any of it! It’s also cheaper…

The concept is not new, or a hipster fad. The Money Show’s Bruce Whitfield interviews Nude Foods founder Paul Rubin.

Why Ethiopian Airlines (not SAA) is Africa's biggest and best airline

Why Ethiopian Airlines (not SAA) is Africa's biggest and best airline

State-owned (but not managed) Ethiopian Airlines is profitable. Bruce Whitfield interviews Africa correspondent Lee Kasumba.

Willemse will take Supersport to Equality Court over walk-out findings

Willemse will take Supersport to Equality Court over walk-out findings

On Tuesday, SuperSport released the findings of an investigation by Advocate Vincent Maleka.

You aren't legally entitled to an annual increase (and why your contract is key)

You aren't legally entitled to an annual increase (and why your contract is key)

Employment law litigator Joe Mothibi explains that an annual increase is not a given unless stated otherwise in the job contract.

Callers ask what will happen to Ashwin Willemse after MultiChoice findings

Callers ask what will happen to Ashwin Willemse after MultiChoice findings

On Tuesday SuperSport and Multichoice's said there was no evidence of racism following an investigation into the incident in May.

LISTEN: What's AfriForum's private prosecution attempt against Jiba about?

LISTEN: What's AfriForum's private prosecution attempt against Jiba about?

AfriForum's Kallie Kriel says Jiba abused her position to fabricate a case against former KZN Hawks head General Johan Booysen.