Why is Personal Finance Education Important?

Credit card and personal finance education on the agenda in NJ

New legislation in New Jersey’s state government would require personal finance education including a variety of detailed explanations on credit and debt terminology and consequences for card applicants.

The bill sponsored by New Jersey state Senator Barbara Buono and passed unanimously by the Senate Commerce Committee would require lenders to register with colleges and universities annually to announce their presence on campus.

The bill would also inhibit lenders from offering a slew of freebies to young adults that sign up for a credit card.

Buono commented on the importance of personal finance education saying, “Promotional sales gimmicks and students’ own ignorance about the factors playing into their personal credit and credit card debt result in many young adults getting in way over their heads. By informing them of the facts and eliminating sales gimmicks, we can hopefully empower students to make better credit decisions.”

As the bill moves through the full senate, the Philadelphia Inquirer is reporting that campus officials generally support the measure.

Rowan University spokesman Joe Cardona hailed the bill as important legislation. At Rowan, credit card companies have been banned from on-campus solicitations for over 10 years, reports the Inquirer.

Uptick seen in personal finance education

Attendance at personal money management classes is up both in the classroom and online, but why is personal finance education important?

The Wall Street Journal is reporting significant increases to education and “financial literacy” classes that are hosted at local community spots, universities, and online from educational institutions like MIT.

Some people hoping to learn about the effects of the credit crunch, the status of the real estate market, and economic theory are apparently turning to OpenCourseWare financial tools which are much like a virtual class to learn the importance of finance.

Lecture notes, study guides and exams are available from this online offering of more than 180 business and financial education classes from nearly 250 universities globally.

High school students are also taking more personal finance education classes as the economy increasingly impacts how they will handle credit decisions in college and their plans for future careers.

Schools across the nation are reportedly realizing the importance of personal finance and making personal finance education courses and know-how a top priority.

Why is Music Education Important?

Music is a way of life. Everything in our environment-the raindrops, the hushing wind, the flowing river-has its own sound that produces music to our ears. We encounter music in our everyday lives, and this music brings harmony and peace to our soul.

Music education is far beyond learning instruments, reading notes, and mastering vocal techniques; it is a deeper encounter with the environment and with one’s self. It provides enriching benefits to a person’s mental, physical, and emotional well-being.

Here are the benefits of music education:

Music makes you smarter

A number of scientific studies concluded that music could enhance a person’s intelligence. Harvard psychologist Howard Gardner said that music intelligence is equal to logical intelligence, kinesthetic intelligence, interpersonal intelligence, and interpersonal intelligence.

Learning music is as important as walking or talking; it is intertwined with our mundane activities and basic skills. Thomas Armstrong said, “Intelligence is galvanized by participation in some kind of culturally valued activity and that the individual’s growth in such an activity follows a developmental pattern; each activity has its own time arising in early childhood.”

Studies have shown the same result: the early participation in music can help sharpen one’s brain. Children who receive early music education have higher IQ, comprehension, reading and listening skills. Children, who learn to play instrument, or those with early music education, excel in academics than those who do not.

It relieves stress

The importance of music education is visible in simple things. Everyone suffers from stress due to unnerving tasks within the family, work, and school. The loads of school projects might have given you headache, and the pressure of performing your responsibilities at home could have gotten worse, but all these anxieties will go away once you’ve heard a soothing music.

Have you observed that music can relieve the stress after that long, strenuous day? After you tuned-in to your favorite radio station, you’ll suddenly feel relaxed and the music will wash out the bad mood you had.

What’s more if you can play an instrument? Playing an instrument can calm the mind and replenish your energy. Playing instrument can also help burst out your feelings, which is a healthy way in releasing your negative emotions.

It gives euphoria

Anyone can be good at playing the piano, a guitar, or a saxophone-but the happiness you get from discovering your talent is, undeniably, the best experience. Learning how to play an instrument alone makes you happy; what’s more if you can play an instrument very well. It puts on a big smile on your face whenever you learn a new piece, after all those sweat and tears you have sacrificed for about a month or a year.

Sense of achievement

Life gives a sense of achievement even in small things; thus, learning how to play an instrument is more than a self-fulfillment. The happiness and satisfaction you get from music is priceless.

Achievement doesn’t reflect on the level of one’s expertise, but the achievement he or she gets from learning music itself. It does not deal primarily on neither the simplicity of the piece nor the instrument/s you have mastered, but it deals with the contentment and the happiness that are truly worthwhile.

Is Further Education Important?

When people ask is further education important, often they have been put off by the high cost of going to college and getting a degree. It’s no secret that the cost of getting further education has increased a lot in recent years, so it is no surprise that many students question whether they can afford it. In response, I always ask them can they afford NOT to go to college.

The reason is that college graduates on average earn double the amount of money in their lives than those with just a high school education. The return on investment dwarfs any other investment you could make on wall street. There are a huge number of financial aids available for anyone who wants to go to college.

So once the price is no longer a factor, is going to college really worth it? Further education is important because of the number of opportunities that become available with a college education. It is a fact that more and more people worldwide are getting a higher education, so to stand out in the marketplace you need to have a further education beyond high school.

It’s true that there are many successful people who do not have a higher education, although this is becoming more and more rare. It is a lot more difficult to get a high powered and highly paid job without a college education than it ever was before simply because there are a lot more people with a college education these days.

So “Is further education important?” It could be the most important thing you will ever do.