What they are not taught is personal finance. Schools just don't teach it, with rare exceptions. I guess they figure it's up to parents to teach that, but when

What they are not taught is personal finance. Schools just don't teach it, with rare exceptions. I guess they figure it's up to parents to teach that, but when 7 out of 10 US households live paycheck to paycheck, parents don't know much about personal finance, either. The good news is there are some solutions out there, and they're slowly gaining traction in a grass-roots style. One example is schools teaching the "Foundations in Personal Finance" curriculum [1]. But to make a big difference quickly, it needs to be more than just some schools here and there, but a national mandate to teach these sorts of things. But ... I'm not going to hold my breath. To that end, I help volunteer leading these sorts of classes. Small moves. ---------------------------------------- http://www.daveramsey.com/school/foundations/ http://www.daveramsey.com/school/foundations/