One of the most fulfilling things in life is to educate and share knowledge with others for the benefit of everyone. Giving people the tools to be in control of their own destinies is of pinnacle importance to human prosperity and the welfare of this nation and all other nations. But what often determines one’s place in life is having individual control over their money and their financial situation. That’s why the goal and dream of Tony Zhong, fifteen-year-old innovator and change-maker, is to bring education about money and ultimate financial literacy into the education system formally. Tony believes this ensures people to have the tools to control their own lives, and the freedom to make their own decisions.
Tony is originally from China, but studies in Massachusetts. His parents are both entrepreneurs who have inspired his love and interest for financial literacy. Many conversations with his parents about their businesses and the nature of money led him to a better understanding of finance. He has a passion for economics and finance that developed from these conversations around three years ago, which is when he first started to realize the serious lack of financial education among most people, even those with money.
“My friend recently spent $400 on a bracelet for a girl he has barely talked to, that was not a very financially intelligent decision”, Tony explained. Tony understands that needless spending and wastefulness with money throughout one’s life happens as a result of a lack of financial education, mainly in schools. His plan to change this fact and ultimately the way people live involves slowly introducing financial literacy in an extracurricular format in schools. His plan would start with simple concepts like budgeting and saving. Then working up to topics like investment and long-term income. By incorporating games and easy-to-use tech he looks to make learning about financial literacy easy and fun for everyone.
Many problems people have in their lives like instability or uncertainty in their future stem from a lack of financial literacy. In a country where 43 million people are impoverished, it is becoming more important than ever to teach everyone with money how to handle it so that growth and opportunities can be realized for all. As this young man continues to fuel and follow his passion for universal financial education, it will be exciting to see what he develops as it is sure to change the world.
Tags: Education, Finance, Money, Financial, Literacy, Saving, Smart, Intelligent, School, Learning, Teaching, Spending, Financial Literacy, Assets, Management, Dollars, Creation, Tony, Tony Zhong, Zhong, Kevin, Universal, Need, Investment, Investor