When it comes to managing money, many of us are left to figure things out on our own. For me, however, I was fortunate to have a Dad who recognized the importance of financial literacy early on. He made it his mission to teach me and my brother about the value of investing, saving, and making smart financial decisions. Looking back, I realize how rare and invaluable that guidance was—and how it shaped the way I approach money today.

I can still vividly remember the evening my Dad sat me down at our kitchen table when I was 17 years old. He pulled out a scrap piece of paper and began explaining concepts like dollar-cost averaging and compound interest. At the time, I didn’t fully grasp the significance of what he was teaching me, but I could tell it was important. He carefully walked me through how small, consistent investments could grow over time, thanks to the power of compounding. That handwritten spreadsheet, which I still have to this day, was my first introduction to the world of investing—and it sparked a lifelong curiosity about personal finance.

Thinking back, what strikes me most about that moment was my Dad’s motivation. He told me that no one had ever taken the time to teach him about finances when he was younger. He had to learn through trial and error, and he didn’t want my brother and me to face the same challenges. His willingness to break the cycle and equip us with financial knowledge was a gift I didn’t fully appreciate until much later in life – and it really sunk in after he passed away unexpectedly.

Unfortunately, not everyone has someone like my Dad to guide them. Many people grow up without ever learning the basics of budgeting, saving, or investing. This lack of financial education is a widespread issue, and it’s one that I believe stems from a broader societal problem.

The Missing Link in Education

Think about it: schools used to teach tangible, practical skills like carpentry, home economics, and auto repair. These subjects were designed to prepare students for real-world challenges. But over time, education systems have shifted away from vocational training and toward theoretical knowledge. While there’s value in academic learning, this shift has left a gap in practical life skills—especially when it comes to managing money.

“But over time, education systems have shifted away from vocational training and toward theoretical knowledge. While there’s value in academic learning, this shift has left a gap in practical life skills—especially when it comes to managing money”

Financial literacy, in particular, is often overlooked. It’s seen as something families should teach at home, but not all parents have the knowledge or confidence to do so. This creates a cycle where each generation is left to figure out finances on their own, often making costly mistakes along the way.

A Societal Bias Against Practical Skills

I believe there’s also a societal bias at play. Skilled trades and practical life skills are often undervalued in favor of white-collar professions. We’re encouraged to pursue careers that require degrees and office jobs, while trades like plumbing, electrical work, or carpentry are seen as less prestigious. This bias extends to financial literacy, which is often dismissed as “common sense” rather than a critical skill that should be taught systematically.

But the truth is, financial literacy is just as important as any other life skill. It’s universal—everyone needs to know how to manage money, whether they’re a CEO, a teacher, or a tradesperson. And yet, it’s rarely given the attention it deserves in schools or in broader societal conversations.

Breaking the Cycle

So, what can we do about it? For starters, we need to recognize the importance of financial education and advocate for it to be included in school curriculums. But we can’t wait for the system to change—we have to take control of our own financial futures. Whether it’s reading books, listening to podcasts, or seeking out mentors, there are countless resources available to help us learn.

For me, it all started with that handwritten spreadsheet and my Dad’s willingness to teach. His lessons didn’t just give me a head start in investing; they instilled in me a sense of responsibility and empowerment when it comes to money. And that’s something I hope to pass on to others.

Financial literacy isn’t just about numbers—it’s about freedom, security, and peace of mind. It’s about breaking cycles, building wealth, and creating opportunities for ourselves and future generations. My dad’s early lessons were a gift, but they also highlighted a gap that needs to be filled. Whether you’re just starting your financial journey or well on your way, remember that it’s never too late – or too early – to learn. And if you have the chance, share what you know with others. You never know—you might just change someone’s life.

“Financial literacy isn’t just about numbers—it’s about freedom, security, and peace of mind.“

What’s one financial lesson you wish you had learned earlier? Let’s start the conversation and help each other grow. After all, the more we talk about money, the less intimidating it becomes.

Kate 🙂

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