• FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018.
    By continuing to use this site, you are consenting to our Terms of Service and use of cookies.

Why isn't personal finance taught more in schools?

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.

bob_d30

Junior Member
What is the name of your state? Ca

Why haven’t our school systems caught onto teaching personal finance to students? Reading, writing and arithmetic are basics, but in so is arming students with basic finance concepts.

It’s apparent that most kids are not being taught good personal finance skills by their parent. I am not a proponent of the government stepping more into our lives, but Bush's No Child Left Behind should also apply to teenagers being shown how compound interest works or what credit card liability means.

Here is the article that got me thinking about this. Personal finance not taught in most schools.

Bob D.
 
Last edited:


Veronica1228

Senior Member
bob_d30 said:
What is the name of your state? Ca

Why haven’t our school systems caught onto teaching personal finance to students? Reading, writing and arithmetic are basics, but in so is arming students with basic finance concepts.

It’s apparent that most kids are not being taught good personal finance skills by their parent. I am not a proponent of the government stepping more into our lives, but Bush's No Child Left Behind should also apply to teenagers being shown how compound interest works or what credit card liability means.

Here is the article that got me thinking about this. Personal finance not taught in most schools.

Bob D.

You ask a very good question. In my state we have an organization called Junior Achievement, where volunteers from local banks, including the one where I work, visit classrooms across the city and discuss all aspects of banking and business. I'm not sure if the organization is local or nationwide, but here is a link I found that can tell you more about them.

http://www.ja.org/
 

Happy Trails

Senior Member
bob_d30 said:
What is the name of your state? Ca

Why haven’t our school systems caught onto teaching personal finance to students? Reading, writing and arithmetic are basics, but in so is arming students with basic finance concepts.

It’s apparent that most kids are not being taught good personal finance skills by their parent. I am not a proponent of the government stepping more into our lives, but Bush's No Child Left Behind should also apply to teenagers being shown how compound interest works or what credit card liability means.

Here is the article that got me thinking about this. Personal finance not taught in most schools.

Bob D.

As the article that you provided in the link sugggests, that the curriculums are already so crammed full of necessary courses that the student hasn't got the time.

I think it would be great if more students would take business math or a general math their senior year as an elective. However, our schools are trying to get the students advanced in math so they are more ready for college courses.
 

bob_d30

Junior Member
Teaching personal finance

Happy Trails said:
As the article that you provided in the link sugggests, that the curriculums are already so crammed full of necessary courses that the student hasn't got the time.

I think it would be great if more students would take business math or a general math their senior year as an elective. However, our schools are trying to get the students advanced in math so they are more ready for college courses.

It seems to me that we are teaching our kids to pass courses and tests for college subjects that they may never use and we are forgetting about concepts that may serve them better.

Times have changed and some of our schools are behind the times.

I hate to harp on schools, they do the best they can with the tools they have. Maybe our states need to upgrade the tools their schools have.

Bob D.
 

Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential
Top