Why I believe Financial literacy is a human right

Happy Human Rights Day Tribe!

I have asked this question time and time again, “how different your decisions would have been had you been taught about personal finance in school?” Whether you have been successful in managing your finances or not, I bet education would have made a huge positive impact.

That is why I do what I do, educate women (and men) about personal finance. I believe financial literacy is a fundamental human right because:

1.  Health risks

There are health risks associated with financial stress. A study shows that 53% of employees are stressed about their finances. Those who are stressed are more likely to be distracted by their finances at work, miss work due to their personal financial issues and cite health issues caused by financial stress.

It doesn’t only hurt you as an individual, but it hurts the company’s bottom line as well…ask your employer for financial wellness training!

2.The link between financial stability and mental health

Financial difficulty is linked to depression, suicide, anxiety and addiction — children who are born into financial difficulty without proper access to financial education are more likely to repeat the negative patterns and behaviours they’ve been exposed to growing up