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- W2013459742 abstract "ity and societal financial inclusion of the poor, it is harder to identify who is responsible for achieving it. Traditionally, financial education has been the domain of the family, but as Aflatoun founder Jeroo Billimoria has stated, parents caught in a cycle of poverty and financial exclusion are less likely to help their children become good money managers. Parents cannot teach what they do not know themselves. That Aflatoun has embraced this challenge is a significant contribution to a growing movement to foster financial literacy around the world. Approaching this goal by starting with children is truly visionary; it acknowledges that achieving financial literacy will take at least a generation. Building the confidence and knowledge that will enable children to acquire good money habits prepares them to confront the many financial challenges ahead. Because they reach millions of students who represent the future, schools are an obvious channel for generational change. However, convincing national education ministries to incorporate financial education into the core curriculum is a daunting challenge, particularly given the many competing demands on teachers’ agendas, particularly in countries afflicted by the dire threats posed by HIV/AIDS, burgeoning numbers of orphans, and ethnic tensions, all of which potentially demand a response from the education system. That Aflatoun has succeeded in even one country, Egypt, is a significant achievement. I comment on financial education as an active consultant for Microfinance Opportunities, a sister organization to Aflatoun. This Washington, D.C.–based" @default.
- W2013459742 created "2016-06-24" @default.
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- W2013459742 date "2010-04-01" @default.
- W2013459742 modified "2023-09-24" @default.
- W2013459742 title "Financial Education for All Ages (Innovations Case Discussion: Aflatoun)" @default.
- W2013459742 doi "https://doi.org/10.1162/inov_a_00014" @default.
- W2013459742 hasPublicationYear "2010" @default.
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