There is at least one thing that everyone should understand even if they do not care or follow finance at all. Interest rates are important to understand if you ever take debt or loan money. Surprisingly many people do not actually understand interest rates and therefore especially compounded interest rate can be very dangerous to their wealth.
If I can get even one person to learn something new with this then I have done something useful! Please, watch these two videos provided by Khan Academy. If you have a friend who isn't very good with managing his finance then make him or her watch these as well ;) Take care!
Part 1
Part 2
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Inflation is taxation without legislation. ~Milton Friedman