In these days, most of Thai have scored very low in regard to their financial management skills according to the survey. Not even in the poor, but student. It’s one of the biggest problems that Thailand faces.
How could it be? A recent survey by the Bank of Thailand and the Finance Ministry shown that three group of people lacked of financial management skills are Student, low-income people and farmer because they don’t know, I should say “Don’t want to know” about how can we manage incomes and expenses. However, The Kenan Institute and the City Foundation has developed the three-year campaign to educate people (especially students) about how to manage the money through the media and I think that is the great idea because It attract teenagers who love to use social media. Moreover, they can “share” if they can figure out how important it is. Just like when I was a kid, my parents planned about future life when they have children, so they make a record about their income and expenses to saving money for their child. Look, it is not that far from us to see how important “Financial Management” is. Also if you can save your money, you are going to be richer and help country to move on.
In conclusion, it is a good idea to have a media so people can learn about how to save their monthly budget. As you know, It is not that hard to start make your financial management by write down a record of your monthly income and expenses. See how much money you spend on something irrelevant and how can you manage it to save more money.