gimmesomeboosh
|
yes i think so.
i left school and got in to debt straight away.
lots of companies willing to give me money. I was living alone so i had no one stopping me.
These days it's a huge part of life, money, and everyone is in debt. |
|
Lantern Bearer
 |
Yes. It is a very large black hole in the educational system. It is almost like sex ed, "Oh, they'll learn it soon enough. In the meantime, when you first step on to a college campus the credit card trolls are there to sign people up, "You know. for your books."
It is a racket. |
|
Nick B
 |
There should be classes on all the essentials, like how to fill out a CV, how to budget, how to plan ahead, how to fill in a tax return, the basics of the stock market and insurance etc etc.
School unfortunately does not equip you to go out and earn your living. |
|
Goonhilda
 |
Some schools do, but it's usually wrapped up in the vague, all encompassing subject known behind the bike sheds as "Vegie Maths". I am a proud survivor of Vegie Maths. I knew how a loan works, how interest on a loan cripples you, and how poker machines only pay out once in 540 times. All because our teacher took it upon himself to make a group of kids who were legally required to do a 'maths' subject financially literate.
I think it's a great idea. They should run it as a compulsory class. Cut Art out and do 'Vegie Maths.' Even I'd go back to teaching and teach.
Best wishes |
|
Arther
 |
Ya sure, ditch French or PE for it....they're not as essential and could always be chosen as an optional subject if they're interested in it. |
|
Tom Z
|
You hit on one of my pet peeves. Schools don't teach even the most basic consumer finance subjects. I was an insurance agent and was always amazed at the total lack of peoples knowledge of the most basic insurance concepts. This was the case even though every single student will be dealing with insurance.
Schools don't teach anything about consumer finance. If they did maybe there wouldn't be so many people in trouble with their mortgages.
What about investments, retirement planning, wills, income tax? Anyone being taught the basics of finance so that they will be prepared for the essentials they will need as knowledgeable adults? Unfortunately, the answer is no - not even close. Makes me wonder why not? |
|
src50
|
Absolutely!!!!!! The level of ignorance is staggering. |
|
dyno
 |
Yes, as when tennagers get to 18 they can get all the credit that they want but have no idea how to deal with it. |
|
gordonmother
|
I agree, in stead of cooking ! |
|
navy recruiters lady
|
i think that is a fabulous idea. my husband and i just bought our first house and we are trying to learn how to pay the house off earlier than 30 years, property taxes and escrow accounts. they should have a class on this in high school and in college. my parents were homeowners but they didnt even teach us this stuff. |
|
Swansea
|
Yes deffently. HSBC are actually trying to get that to happen and they do go around schools and collanges to speak about it.
(not that any1 listens but at least they are trying!!!!!) |
|
Kate B
 |
Absolutely. Everyone should learn certain basic life skills and consumer economics. |
|
J
|
Yes - and how about how to buy a car or insurance, how to save money , invest money etc
I think one problem is high school kids only realize the importance after they graduate. |
|
Bogie
|
yes and family studies as well |
|
jon_wayne89
|
YES !!!! How many high school seniors know how to balance a checkbook , I know I didn't . personal finance should be a required class |
|
mo_fyah89
|
Yes but it depends what year/grade it gets taught. |
|
yvano
 |
YEAH!!!! They definately should. Absolutely! |
|
| |
|
Homepage 
Financial
Forum 
Personal Finance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
