Should a personal finance course be mandatory in high school ?
Just_gone asked:
How to run a small business, get a grant, succeed as an employee, invest for goals, manage retirement?
So that people would be more financially literate?
Dixon
How to run a small business, get a grant, succeed as an employee, invest for goals, manage retirement?
So that people would be more financially literate?
Dixon
February 3rd, 2009 at 11:33 am
yes it should be around grade 11 I think that way they have time to get the hang of it before they graduate and are in the working world or figure out what college/university they can go to
February 6th, 2009 at 4:47 am
Its a good idea. I have thought so for a long time, too. I’d include it in a course on practical life–basic cooking, shopping, nutrition, how to balance a checkbook, how to pay bills, even how to sew and do basic easy car service and plumbing–all the practical things that people pick up, if at all, only after years of sometimes bitter experience.
February 8th, 2009 at 2:03 pm
Yes! Public schools usually state someplace in their mission statement that they’re around to produce productive community members. Learning all those things is important.
February 9th, 2009 at 8:27 am
DEFINITELY. I can’t understand why this obviously necessary information is – withheld? – from young people.
Is this an accident? Ignorance? Or…?
February 11th, 2009 at 2:26 pm
Sounds good to me
February 12th, 2009 at 9:58 pm
I wish they had put more emphasis on it in high school. Maybe using some real life scenarios. All they taught us was how to balance a checkbook, calculating interest, etc. “Consumer Math” is what they called it. A “Money Management” would have been better.
February 15th, 2009 at 10:30 pm
Such a class would receive my full endorsement.
February 16th, 2009 at 4:54 pm
Fabulous idea! I’m going to call my school board tomorrow. Perhaps we should all write a letter to the editor of the newspaper and get this course in schools ASAP.
February 17th, 2009 at 6:08 am
Actually that is a good idea.
Sadly that was the job of Mom and Dad but apparently they are so busy they can’t be bothered with raising the children they brought into this world.
February 17th, 2009 at 7:26 am
Yes! I not only think that a finance course is in order for young people, but I think it wouldn’t hurt to require two or three finance courses through one’s high school curricula.
HS courses are a dime a dozen… but what is especially important in this case is the neccessity to explain to students why it is important to understand basic finance (ie. keeping a checkbook, cash versus credit, affects of debt, & the importance of saving early), it’s relationship to real-life, and the impact if the basics are ignored.
I found your question interesting… for I was just talking to someone at work yesterday about this very topic.
February 18th, 2009 at 8:47 pm
Yes. Everyone will eventually have to deal with money, finance, credit, retirement, loans, investing, etc. They should learn about these things, including basic consumer shopping (think grocery store, balancing a checkbook, day to day banking, credit cards, etc.) and handling a paycheck, paying the rent, buying a car, obtaining a mortgage, etc. The sooner, the better.
February 21st, 2009 at 1:46 pm
sure and also parents should teach their kids too.