US high schoolers want financial education, but many schools don't offer it: survey

Fox Business ^ | 4/13/24 | Eric Revell

[RoosterRedux]

Good job for some retired financial professionals.

[Chode]

yup...

[algore]

“I remember “home economics” courses way back in middle school. How to open bank accounts. How to write checks. How to balance and reconcile accounts. How to keep track of bills. How to pay bills. How to COOK. Now. I have no idea if they still teach such basic skills. But I still go all the way back and remember small things once in a while when I’m writing a check.”

I am pretty sure no one under 25 has ever written a check.

definitely never balanced a checkbook

[fso301]

My wife says her school used to teach a personal finance class as part of the vocational education (CTE) department where there remain some more or less sane faculty but that it was recently shifted to the social studies department where wild eyed leftists now have control over it.

[Chickensoup]

So go out and find the education you need. Honestly do people have to be hand fed everything?

Dave Ramsey has a great course on financial management geared for younger ones.

Any bank will teach checkbook management. .

[Governor Dinwiddie]

Excellent point. 👍

[Chickensoup]

The econ we had for the kids was the uncle Eric series
Starting with whatever happened to Penny candy?
http://www.richardmaybury.com/books-2penny.html

And used Abekas econ concurrently.

[Chickensoup]

Econ is not personal finance.

[PeterPrinciple]

https://disputebee.com/article/raise-credit-fast?

The fastest and most affordable way to raise your credit score right now

[Boiler Plate]

Hey students your education starts with a library card. Then go check out “Rich Dad Poor Dad” and “Wealth of Nations”

You’re Welcome

[Harmless Teddy Bear]

Lots of schools used to offer “practical skills” courses. How to cook, clean, do basic maintenance, first aid and what they called consumer math.

You generally had one a year starting in ninth grade.

Do public schools not have these kinds of classes any more or are parents telling their kids not to take them for some weird reason?

[redfreedom]

I remember similar classes when in school. We did learn the basics of finance and budgeting.

The best teacher was my Dad. I asked for a car when I was 17, he said yes but I had to earn enough money to pay for it first.

That lesson stuck. We are retired and do not take out loans. We pay cash. Not paying all that damn interest or doing those monthly payments makes life easier.

[Tacrolimus1mg]

No, but our teacher saw fit to take a week and go over it with us.