When the System Fails:
Indian Economist and Noble laureate Amartya Sen, once challenged a common belief—that crises like famines are purely natural disasters. Through his research specifically on the Bengal Famine, he demonstrated that such events are often not caused by nature alone, but by systems that fail to protect people. Poor policies, unequal distribution, and lack of awareness turn manageable situations into major crises.
This idea extends beyond famines. In today’s world, many challenges faced by youth—especially financial struggles—are not just personal failures. They are the result of a system that never taught them how money works.
A look on the Pakistani System:
We are educated, Not prepared:
In Pakistan, the system educates the students but never prepares them for real life challenges. The result is that Pakistan despite having a large youth population suffers economically. Many students if they get jobs suffer financially. This individual thing becomes collective on a larger scope .
Why Waiting for the System Is Not Right:
While reforms in the education system are necessary, waiting for change is not a practical solution. In Pakistan, the education system is already heavily criticized, and millions of children who should be in schools are still out of it—highlighting a gap the system has yet to address.
Learn basic financial concepts such as budgeting, debt, and investment.
“Financial literacy is not an option; it is a necessity.” — Robert Kiyosaki
Develop a habit of saving a small portion of your income or pocket money regularly.
“Do not save what is left after spending, but spend what is left after saving.” — Warren Buffett
Focus on building skills that can increase your earning potential.
“The more you learn, the more you earn.” — Warren BuffettStart by tracking your daily expenses to understand where your money goes.
“Beware of little expenses; a small leak will sink a great ship.” — Benjamin Franklin
Conclusion:
Real change does not always begin from systems ; it often begins from individuals who refuse to stay unaware.
So being aware in this era can become the cause of one’s survival.
This is the best article I must say and these problems should be considered on a serious note. Really appreciate the idea.