I certainly don’t like to think about money, but my parents never cease to remind me about finances. With headlines blaring about an imminent…
I certainly don’t like to think about money, but my parents never cease to remind me about finances. With headlines blaring about an imminent recession and the deadline for FAFSA looming over my head, I want to forget about money, but it’s impossible if not impractical to do so. I was thinking about what would result if high schoolers were required to take financial classes that teach them about saving and spending wisely. On the one hand, high schoolers could just ignore what they learn in such a class (I’ve seen that happen in our mandatory health classes). But on the other hand, some students might gain a lot of insight into managing their finances. Students could learn more about investments, mutual funds, and general saving/spending tips. This could address some of the problems that have caught up with the global economy.
I realize that people will have problems with this; I can see how some might think that parents should be responsible for this kind of education. But let’s face it: are our parents really good enough managers of finances to be able to teach us? Some may be, and some may not be.