The world is recovering from the financial crisis that began in 2007. The cause of the crisis was the bankruptcy of the American Mortgage Company. The effect spread throughout the world; however the world seems to be recovering. This is not the first time the world has suffered such a crisis. There was the Great Depression of the 1920s. The point that is on people's minds; economists, politicians and social scientists explain how they can prevent such a crisis from occurring in the future. Among the many recommendations that emerged is the role that education can play. Our education system can be shaped to educate students and society at large on how to prevent such events in the future. Secondary school life is the initial stage where a child's education can begin. It ensures that there is a basis of a human being that can be shaped to influence the child's life in the future (Alloy & Ahrens, 2008). This paper will focus on how education can be used to combat the future occurrence of such a crisis. Development and application of money management principles. The principle that humans have is shaped by the early development of life. In high school a child is given money to manage and spend. This is the time when they receive pocket money to spend on school and can make individual decisions about things that affect their lives. In schools, children should be taught how to manage the finances they have, they should be trained on how to make decisions that impact the finances they have. The little money they receive from their parents should be what they should start shaping their behavior towards good financial management and setting priorities. One of the most important things people should aim for is…middle of the paper…simism for the future: biased use of statistically relevant information in predictions for oneself versus others. Journal of Personality and Social Psychology, 52(2), 366-378. doi:10.1037/0022-3514.52.2.366 Ambachtshee, K., Beartty, D., & Booth, L. (2008). The financial crisis and the bailout. What went wrong? Why? What lesson can be learned? Toronto: University of Toronto Melzert, H. (1995). Review of "Curriculum adaptation in secondary schools". Journal of Educational Psychology, 16(9), 638. doi:10.1037/h0068007.Morris, P. (1997). School knowledge, state and market: An analysis of the Hong Kong secondary school curriculum. Journal of Curriculum Studies, 29(3), 329-350. doi:10.1080/002202797184071.Park ,R. cona, K., & Fingess, M. (2008). The crisis of global environmental governance: towards a new economic policy of sustainability. New York: Prentice Hall