Wednesday, October 21, 2009

How many of you think that they should teach kids how to manage money in highschool? Like a finance class?

Make finance class a requirement to graduate? Wouldn't that help, in the future, keep our citizens out of debt?

How many of you think that they should teach kids how to manage money in highschool? Like a finance class?
Absolutely! My wife and I have talked to our local educators for years about this topic. I have felt the one area we and all our friends we not prepared for was finance. It was not addressed by parents, secondary ed, and in most non business fields - even college did little in this area.





We have begun teaching our children on our own. The school system claims they do not have the time to cover additional material.





It is a shame that debt is looked upon as the result of individual irresponsibility. A freshman in college is assaulted by credit card offers while on campus but not given any preparation to handle the responsibility.
Reply:I think they should make it a requirement. I cant tell you how many graduates cant balance a check book or have any concept of what the debt problem credit cards cause. I would vote for it.
Reply:No doubt about it, I was just thinking about that a couple of weeks ago.
Reply:Ideally, it's a good idea. In actual practice, I don't think it would do any good. People are hard headed, %26amp; young people have a tendency to think they already know everything. I should know, I am one. LOL.
Reply:I think it's a must. Honestly a lot of classes in high school are ridiculous. I never use chemistry or algebra, they need to teach cooking, finances, etiquette, nameless things that you use in everyday life. Oh another one childcare and raising kids.
Reply:Absolutely! Especially if it focuses on personal finance.





Suz
Reply:Absolutely, then maybe we will get a president who really knows what to do to get the economy pumping. We will have a society of people who are not wasteful. We will spend less on welfare and I will get to keep more of my tax dollars. Yehhhhhhh
Reply:Thats a great idea but I think it should begin in grade school with parents.


Whenever my daughter gets money she has to spend half on what she needs 1/4 on what she wants and the rest goes in to savings.
Reply:they doo back when i was in school in 02, i took this class... jus all schools dont hav it
Reply:Something basic would be a good idea, but don't even wait until the senior year. I would think 10th grade, the same time they are starting driving lessons, would be a good time.


However, I think it would be challenging to get into all programs. Kids are a HUGE market spending billions and later on even more on credit when they are on their own.





Nice thought. I'll try to remember to teach my kids that when they are old enough.
Reply:Are you kidding me? They should teach a course like that in JUNIOR HIGH!!!!!!!!!!! Like grade 7. And keep it going throughout high school! Let's take this one step further.................this course should be given in night school for adults, too!
Reply:Definitely! A personnel finance class would help a lot of young people get a better start. I've never understood why there aren't a lot of classes that would help live on their own. High School is too geared to kids going on to college instead of getting you ready for life.
Reply:they have one hun. i took it,called Financial Planning


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