Close Menu
The Standard  Digital
    What's Hot

    Religious grounds disqualify Guild aspirant

    October 29, 2025

    UCU launches library & writing week

    October 28, 2025

    568 students earn degrees

    October 24, 2025
    1 2 3 … 350 Next

    Religious grounds disqualify Guild aspirant

    October 29, 2025

    UFL: UCU Cardinals Held at Home

    October 29, 2025

    UCU launches library & writing week

    October 28, 2025

    568 students earn degrees

    October 24, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Religious grounds disqualify Guild aspirant
    • UFL: UCU Cardinals Held at Home
    • UCU launches library & writing week
    • 568 students earn degrees
    • Two students die in tragic road accident
    • Activist Angella Namirembe eulogised as a great youth leader
    • UCU unites community in annual tuition run 2025 
    • Rotary Governor applauds UCU
    Facebook X (Twitter) Instagram
    The Standard  DigitalThe Standard  Digital
    Subscribe
    Friday, October 31
    • Home
    • Features
    • Opinion
    • Religion
    • Life Style
    • Pictorial
    • Sports
    • Podcasts
    • E-paper
    The Standard  Digital
    Home»Feature

    Financial literacy should be part of the curricula

    The Standard EditorBy The Standard EditorJuly 18, 2025 Feature No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    One topic that is dangerously underappreciated in the chaos of student life is financial literacy. The majority of students are taught how to compute compound interest, but not how to use it. We can’t read a bank statement, but we know Shakespeare’s sonnets. This situation needs to be improved.

    Being financially literate is essential; it is a life skill. Additionally, it may be the difference between a debt cycle and an independent future for students. A financially savvy student just doesn’t get by, they plan. For example, they budget, save and invest. Budgeting enables one to make wise decisions with little money, guaranteeing that we can purchase necessities without too much stress. Secondly, if you know how to save, even in tiny amounts, you will find that you will panic less because you will have planned for your expenditure ahead of time. It is important to note that saving (being able to preserve) and expanding (investing) what you have is more important than having a lot. Students who learn how to manage their finances and invest while still at campus therefore, are sowing seeds for financial freedom.

    Students must also be aware of financial traps, which range from mobile loans to “buy now, pay later” schemes. A student who understands how money works can anticipate these pitfalls and take the safer and better route.

    Financial literacy is not only about learning how to manage money. As one learns more, they pick up decision-making skills, and learn how to be independent and responsible. The subject transforms them from being problem-dwellers into becoming solution-finders.

    It is therefore crucial for educational institutions to incorporate personal finance into their curricula, for organisations to hold workshops on financial literacy, and for students to pursue the information that will influence their futures for the better.

    Florence Faida, 

    Advocate for financial literacy

    Share this:

    • Share
    • Click to share on X (Opens in new window) X
    • Click to share on Facebook (Opens in new window) Facebook
    • Click to share on WhatsApp (Opens in new window) WhatsApp
    • Click to share on LinkedIn (Opens in new window) LinkedIn
    • Click to share on Telegram (Opens in new window) Telegram
    • Click to print (Opens in new window) Print

    Related

    Top News
    The Standard Editor

    This is the digital news site of the Uganda Christian University community newspaper, "The Standard". The Standard newspaper was established in May 2007 under, formerly Department, but now School of Journalism, Media & Communication.

    Keep Reading

    Religious grounds disqualify Guild aspirant

    UCU launches library & writing week

    568 students earn degrees

    Two students die in tragic road accident

    Activist Angella Namirembe eulogised as a great youth leader

    UCU unites community in annual tuition run 2025 

    Recent Posts
    • Religious grounds disqualify Guild aspirant
    • UFL: UCU Cardinals Held at Home
    • UCU launches library & writing week
    • 568 students earn degrees
    • Two students die in tragic road accident

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Advertisement
    Demo
    About
    Recent Posts
    • Religious grounds disqualify Guild aspirant
    • UFL: UCU Cardinals Held at Home
    • UCU launches library & writing week
    • 568 students earn degrees
    • Two students die in tragic road accident
    Recent Posts
    • Religious grounds disqualify Guild aspirant
    • UFL: UCU Cardinals Held at Home
    • UCU launches library & writing week
    • 568 students earn degrees
    • Two students die in tragic road accident
    Recent Posts

    Religious grounds disqualify Guild aspirant

    October 29, 2025

    UFL: UCU Cardinals Held at Home

    October 29, 2025

    UCU launches library & writing week

    October 28, 2025

    568 students earn degrees

    October 24, 2025
    1 2 3 … 296 Next

    The Main Campus situated at Mukono, UCU Kampala Campus, UCU Arua Campus, Bishop Barham University College in Kabale and UCU Mbale University College.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram YouTube

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 The Standard. Designed by UIS.
    • Home
    • Sports

    Type above and press Enter to search. Press Esc to cancel.