As the US and other western economies struggle with the continuing cycle of recession and growth, there is an increasing desire to create a more stable economic environment. This is not only an aspiration of the federal government, but also of the voters and individual members of society, who are more determined than ever to maintain responsible spending and saving trends throughout 2011. This is a promising portent for the year ahead, and suggests that societies are finally heeding the harsh lessons of financial hardship.

However, this particular type of resolution has become a typical reaction to periods of recession, but is often not supported by consistent action once the economy experiences renewed growth. As job creation soars and unemployment falls, financial stability is temporarily stored, encouraging a relaxed comfort amongst individuals who develop a more casual ethos towards saving and spending. There are many potential reasons for this, but an inherent lack of fiscal awareness and training may well be the most pertinent.

The Foundations of Education

The key to any successful teaching is to begin it early enough to influence behavioural trends. This is the accepted logic for all core curriculum subjects, including English, Mathematics and Science, which are all taught to youngsters from the age of 5 and continued as standard throughout the duration of high school. What this practice suggests is that governments and teaching bodies understand that their children are most susceptible to learning during this time, and therefore how important this period is in developing a desired level of conducts.

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