The power of entrepreneurship is often underestimated, especially at a young age. Beginning the path to your future requires great knowledge and wisdom as the transition from youth to adult is in fact tremendous. Undoubtedly making this leap acquires core skills that can lead our modern society to a successful life. It should be noted that industries profit off uninformed teens who lack the understanding of money. Nonetheless, financial literacy is crucial to students in my generation to help support us on our journey to college. For instance, the statistics and data received from a FINRA Investor Foundation study claim, “Young adults who had state-mandated personal finance courses in high school are less likely to borrow high-interest loans than those who weren’t required to take the courses.” This emphasizes the significance of financial education at an early start to allow the prevention of student debt and unnecessary loans. To further explain an experience of mine, I grew up in a poor environment and my parents constantly found themselves arguing over the barrier of financial expenses. They lived paycheck to paycheck, often spending monthly income on food and rent. Our economic situation became an eye-opening experience and my family began to keep track of saving and thankfully a stable job. Now a decade later, my family remains of low income, however, we live a much happier stress-free life with improved rates of savings and not at poverty risk. This lesson taught me the impact of personal finance and how equipping the knowledge to manage money effectively makes a great difference. All things considered, I choose to take advantage of my youth and learn these valuable skills in order to succeed. I guarantee I will benefit from the financial concepts and leadership lectures provided in all literacy programs to build an honorable future and ensure success for myself. I am a straight-A student with the current rank 1 of my class, therefore I consider myself a perfect candidate for this application as I will consume all advice and direction and apply it to real-life situations where I can implement a solution. Growing up, money was always the main issue, as a result, I will strive to learn the principles of hard-earned money, high interest rates, and savings. This scholarship will be the first step to empower my mindset and guide me towards effective decisions. Overall, financial education is a much-needed concept to build a strong foundation in our youth, inform the dangers of bankruptcy, and improve unemployment statistics all over the world. Moreover, the responsibility of adulting is difficult to grasp, however with improved financial experiences, I could feel more prepared on my path to independence. This could only be accomplished if something is done to transform financial education by incorporating lessons early on. Notwithstanding the facts, I could achieve educational and financial success with proper technique and my efforts to remain completely committed.