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How has our public school system failed? I know mine in the 90s had all of the information on financial literacy that covered everything you listed. I think the
by _DeadFred_ 2y ago
How has our public school system failed? I know mine in the 90s had all of the information on financial literacy that covered everything you listed. I think the failure is expecting every 14-18 to absorb that information and start making life impacting financial decisions for that point forward.
'My plan would work, if it wasn't for that fact it involved human beings' actually just means your plan doesn't work.
- datavirtue 2y agoYou can relay general concepts and even the details. Figuring out all of the possible combinations of details that are legal and amount to the greatest benefit is not taught, at all. It involves an intermixture of various IRS rules, state laws, financial regulations, stock market peculiarities, and business entity types...not to mention trusts. It amounts to teaching kids how to be free vs. being trapped in debt. The mentality that money is not to be spent but to be invested and leveraged. All this shit is over the head of anyone trying to teach in our school system. They are just riding out the misery to get their pension.