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At this point; I'd accept "more than not at all." Anecdotes ahead, proceed with caution: Very average PA public school; had a "home ec" course, in which we did

At this point; I'd accept "more than not at all." Anecdotes ahead, proceed with caution: Very average PA public school; had a "home ec" course, in which we did hilariously outdated calculations on things like interest vs compound interest. Not a single mention of what I'd call "practical economics"; e.g. actually balancing a real budget (which, FWIW, I've heard is becoming more a thing in certain districts), calculating the costs of goals, and perhaps touching on long term financial planning. When I first had to handle retirement fund options; you could have handed me a live squid for all I knew what to do with it. I got _lucky_. I had parents who filled in many of the gaps, and were willing to be a resource as I got older, as well as some more informed friends; but I worry about how people with less might have gotten by.

thesimpsons1022 13y ago
why is it the schools job to teach their finances? I see school as more academic, while personal matters like that should be taught at home.
- lawnchair_larry 13y ago
  Are you kidding? What home? Oh, you mean the people who the banks gave giant loans to that it turned out nobody could afford and put everyone into foreclosure? Or their kids, who signed their life away to bankruptcy-proof loans on a degree they never finished, and can't get a job good enough to pay it back? Have you seen what passes for a parent? Yes, let's have those people teach their kids personal financial management.
  - deleted 13y ago
    [deleted]
  - thesimpsons1022 13y ago
    > Oh, you mean the people who the banks gave giant loans to that it turned out nobody could afford and put everyone into foreclosure? Or their kids, who signed their life away to bankruptcy-proof loans on a degree they never finished, and can't get a job good enough to pay it back? that applies to the teachers just as much as it does to parents. teachers loved getting those loans. I can even do exactly what you did and say: Oh you mean the people who raped their students? Or the ones who want to teach creationism and have schoolwide prayer? Have you seen what passes for a teacher? Yes, let's have those people teach our kids. On an unrelated note, I believe your comment does a good job refuting the notion that was made in the parent comment that " How many 18 years olds are making rational decisions about return on investment in 10-15 years time? ".
- eruditely 13y ago
  This post is why ITT we all lose.

thesimpsons1022 13y ago

why is it the schools job to teach their finances? I see school as more academic, while personal matters like that should be taught at home.

lawnchair_larry 13y ago
Are you kidding? What home? Oh, you mean the people who the banks gave giant loans to that it turned out nobody could afford and put everyone into foreclosure? Or their kids, who signed their life away to bankruptcy-proof loans on a degree they never finished, and can't get a job good enough to pay it back? Have you seen what passes for a parent? Yes, let's have those people teach their kids personal financial management.
- deleted 13y ago
  [deleted]
- thesimpsons1022 13y ago
  > Oh, you mean the people who the banks gave giant loans to that it turned out nobody could afford and put everyone into foreclosure? Or their kids, who signed their life away to bankruptcy-proof loans on a degree they never finished, and can't get a job good enough to pay it back? that applies to the teachers just as much as it does to parents. teachers loved getting those loans. I can even do exactly what you did and say: Oh you mean the people who raped their students? Or the ones who want to teach creationism and have schoolwide prayer? Have you seen what passes for a teacher? Yes, let's have those people teach our kids. On an unrelated note, I believe your comment does a good job refuting the notion that was made in the parent comment that " How many 18 years olds are making rational decisions about return on investment in 10-15 years time? ".
eruditely 13y ago
This post is why ITT we all lose.