Financial Advice 101 shouldn't need to involve any software. A 101 in Finance isn't "modern financial planning", and giving people who don't understand the 'time value of money' or basic budgeting shouldn't be handed Double Entry accounting tools.
I think we're talking past each other, because my Financial Literacy 101 education had basically nothing to do with "financial arithmetic".
It was all concepts and foundational equations like compound interest.
If you're using the fact that this would involve "spreadsheets" as a way to link it it ICT education which is what this thread is about then I don't even know what we're talking about anymore.
I think there are a lot of things that could be called "Financial Literacy". I am advocating for something immensely practical for normal working class consumers to set themselves up to manage a household and perhaps a small business.
That is, emphasize finances (practically, using realistic tools). Covering basics of Finance is probably fine, but only to the extent that they understand the gravity of a 22% compound interest rate. Being able to do complex calculations with that rate is probably less practical than learning some other things, like knowing how buying a piece of property works.
I suspect ‘humanrebar is thinking about bookkeeping more than accounting. It’s largely mechanical, often computer-assisted, and the first necessary step to put any of that theoretical knowledge to use in practice.
