The quest for financial independence goes beyond the classroom, the need for skill acquisition

in LeoFinancelast year

I recently witnessed firsthand why integrating skills training into higher education curriculums is so critical for empowering youth financial independence, we had a youth program in church, and a question was asked before the program s tarted, there was a business opportunity open for the youths, but the only requirement to benefit from the opportunity was that they needed skilled youths or those who have a business they are into, but surprisingly, out of the numbers of youth who were present in the meeting, we were only two out of all who were skilled and also have a business running, as a result the opportunity which was meant to accommodate about 20 youth at least was missed, it was an opportunity which presented a gateway for financial freedom as funds were given to the two youths who had a skill and business of their own, therefore an opportunity was missed by the remaining slot available, It was dishertening to watch my peers miss out on what could have been a transformational opportunity if they had been equipped with different capabilities in school. Skills-focused certifications integrated with degree curriculums can prevent similar disappointment. University programs primarily concentrate on teaching theoretical knowledge and academic development critical to intellectual growth for pursuing certain careers that require advanced education. However, successfully participating in today’s economy also demands tangible abilities, we all aim for financial freedom, but are we truly following the right path towards gaining that freedom? That is what inspired this post on why we need to have a skill added to our degree certification to attain financial freedom as youths

20240130_125735_0000.pngImage edited using canva

As young people pursuing higher education and entering the workforce, attaining financial freedom should be one of our top priorities. However, the traditional university degree pathway often does not equip graduates with the practical skills needed to secure well paying jobs or generate meaningful income after school. That is why I believe every degree program should require students to obtain certification in a monetizable skill that aligns with their studies and career aspirations.

Adding a skill-based certification component to university curriculums would provide graduates with hard proof of their abilities that goes beyond just their degree. In today’s competitive job market, recruiters and employers want to see demonstrable skills beyond academic performance. A degree simply validates your knowledge in a certain field, but practical abilities show you can apply that knowledge. Whether it’s coding languages, digital marketing, financial modeling, engineering programs, or other skills that piques your interest, certified competencies stand out on resumes and translate to better professional opportunities.

Equipping students with income generating skills also promotes financial freedom by enabling youths to create their own revenue streams instead of looking for white collar jobs, they can become entrepreneur of their own and even create jobs for others. As the economy evolves, more young people forge careers as freelancers, contractors and micropreneurs, often by monetizing online content creation. But without proper skills training and credentialing, capitalizing on these might be difficult. Adding skill and certifications into university curriculums empowers graduates to control their income and achieve financial independence.

Implementing skills certifications alongside traditional degree programs additionally bridges the gap between academia and industry. Students graduate college prepared for further studies but sometimes lack the job-ready abilities employers want. Consequently, many graduates find themselves stuck in unpaid internships, temporary roles or low-level jobs while saddled with debt. Introducing in-demand skill certifications better aligns higher education with the needs of the private sector so graduates can smoothly transition into full time careers that provide financial stability.

Of course, adding entire certification schemes onto already rigorous degree programs presents challenges to universities and students alike in terms of cost, time and administration. However, students would benefit tremendously from having differentiated capabilities that improve employability and income potential. Overall, the long-term upside for youth financial freedom outweighs the short-term obstacles.

Conclusion

Our higher education system needs to empower students not just to pass exams or write research papers, but to secure our financial futures. We want well-paying, stable jobs we find fulfilling. By integrating in-demand skill certifications into degree requirements, universities can play their part in supporting students’ financial independence after graduation. Of course, practical abilities alone cannot guarantee gainful employment or replace hard work. But equipping youths in school with income-generating skills provides a tremendous head start to take control of our financial destinies early in our careers. Given the competitive job landscape students face today, our degrees must open more doors than just further academia. Tangible skills that translate to better professional opportunities gives young graduates our best shot at financial freedom.
The missed potential I witnessed fellow youths experience recently due to lacking skills they did not obtain in school could easily have been avoided. My friends could have capitalized on an amazing opportunity if given access to skill-building during their studies. Let us reinvent academic curriculums accordingly so students graduate both degree and job ready. Skills certifications are crucial gateways for empowering youth to achieve financial freedom in an evolving economy. We need both sets of credentials to have the best chance at prosperity in our careers.

Thank you for reading.❤❤

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The Nigeria economy has grown pass a one way ticket to financial freedom. One has to be diversify in other to boost their income level and what better way to multiple income stream than skill acquisition? None. We often complain about the harsh economic situation but just few people are willing to diversify, do something different and make a change. Thank you for sharing.

#dreemerforlife

Yes, most people fail to understand that having a skill is the best kind of investment for yourself.
You'd never know what tomorrow has install for you, as for me, I call myself a jack of all trades, I don't think there's any skill I don't have atleast a basic knowledge about.

Wherever I find myself I know that I have something to bail me out
#dreemerforlife