Financial literacy education in schools is vital as it equips students with essential skills to manage their personal finances effectively. Understanding concepts like budgeting, saving, and investing prepares students for real-world financial challenges. Financial literacy fosters responsible spending and informed decision-making, reducing the likelihood of falling into debt. It also empowers students to plan for their future, such as funding higher education or purchasing a home. By embedding financial education in curricula, schools can nurture fiscally responsible individuals who are capable of navigating an increasingly complex economic landscape.