It is being observed that personal finance is one of the most neglected or ignored thing in our life. Most of the schools and colleges don’t teach us about personal finance despite it is a very important thing when we enter in our professional life. There are many reasons people around us, schools and colleges don’t teach us personal finance. Here are the reasons. Teachers don’t know about personal finance. Most people think, “personal finance is difficult to understand”.No one wants you to become rich. Only a few people want to take a risk. Why do you need to understand personal finance? (Let’s look at the numbers)According to forbs.44% of Americans don’t have enough money to cover a $400 emergency. 43% of student loan borrowers are not making payments.38% of U.S. households have credit card debt.33% of American adults have $0 saved for retirement. Let’s talk about Financial Literacy in India. According to YourStory, 76% of young adults do not have a basic understanding of personal finance. IMPORTANCEOFLEARNING PERSONALFINANCE: Proper Understanding of Time Value of MoneyTake a better financial decisionUnderstand your risk-taking ability. Get the maximum return of your investmentOffering family securityRaising your standard of livingNot to get into the debtAchieve financial freedomI hope to see you as a student in the course when we next meet: )