India, Feb. 9 -- Most students learn maths, science and history-but what about money? From managing pocket money to understanding savings and investments, and learning how government policies influence economies, financial literacy is a life skill that textbooks often skip. Recognising how vital it is in shaping a young adult's future, schools in Mumbai are equipping students with tools to make smart financial choices.

It's what underpinned a recent session at Lilavatibai Podar High School in Khar, where students of Classes 9 and 10 dived into the world of budgeting and financial strategies. Divided into groups, students analysed the financial priorities and government policies that shape household budgets in various countries.

With sur...