Hi,
Today many people don’t have even the basic understanding of personal finance. They don’t know how to set up a budget, how to manage their money.
The main reason behind this is that money management is not taught in schools and colleges. Educational institutions create graduates who are trained for productive work under the supervision of a boss, but do not know what it involves to manage their own personal finances. Though such graduates have done many courses on finance and accounts, still many of them struggle in maintaining their own personal finances and are not able to manage money and create wealth for their future needs and obligations.
To know more details, please refer to the link:
http://goo.gl/HFIVQ
Answered by
vishwas gout
at
12:35 PM on July 17, 2012