Should high school devote a special program to teaching students about real world finance? Wouldn't this be more relevant than most school stuff? Prepare the kids for life after school?
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Absolutely agree. I am for finance, as well as law, public speaking and negotiations to be taught to children. Any child would need those, later in life, whereas the same cannot be said for subjects such as mathematics or chemistry or physics.
I wholeheartedly agree because finance is one of the most important pillars for running a stable household and enable even low income families to make the most of their salaries. This would put less responsibilities on the state in terms of welfare payments, etc.
Yes, a course on household finance should be taught. Opening a bank account, responsibilities towards taxes, how to begin saving money, etc. All of these are essential.
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I think high schools should put an emphasize more on the social studies and humanities rather then finance. People get a lesser chance to explore these fields when they get older. In our Capitalistic world finance is a part of living.
I think their first priority should be to make sure no student gets through the "metal detectors" with a gun, then go on a shooting rampage! I do, however, believe they should teach "finance", only after test scores show they have been competent in teaching: "READING, WRITING,and ARITHMETIC".
Finance should be taught in the schools from the third grade onward. Credit cards and credit card debt should be taught as well. There is not enough about earning money and it's meaning in our schools. These days 10 year old kids are using their parents credit cards. There is no value in plastic.
The value of money is best understood and respected when it is earned. Until you have to work hard to get it, you'll never have a clue as to it's time value. The longer you keep it, the bigger it grows. Credit cards have gotten this country into a lot of trouble. All credit cards are not created equal. So part of the learning process should be focused on "contracts", reading the fine print, and learning how to "plan", rather than impulsively grabbing, and spending. All credit has consequences, those consequences are what you make them. It is fine to learn about credit cards, but more appropriate to learn how to grow, manage, and use credit effectively. wolfgangpitbullingtonIII
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