A picture of a smartphone then follows as proof of said teacher’s mistake. But hang on a second.
Numeracy is closely linked with self-esteem, which in turn affects decision-making. When we solve a math challenge, we gain confidence and the ability to navigate life situations with positivity and innate self-belief.
In working with business numbers, as with mental arithmetic, practice builds confidence, and confidence encourages practice.
The more confident managers feel around financial statements the more they use them, and the more insights they gain about their business. The result is better decisions.
We educators are first and foremost in the confidence building business.