Quote:
Originally Posted by Seahawk
You must have been there when I told them both the exact same thing. 
If I was King, Home Econ would be a four class extravaganza in HS, one per year; in college, get rid of the language requirement (anybody here speak the language they learned in 101/2?) and replace with finance 101/2.
That would be the minimum. |
Interestingly enough, at USNA before commencement all Mids are offered ~ $32,000 no-interest loan to help set them up for their first tour. Before they receive the funds, however, they're required to complete a semester of personal finance. The course includes investing, compounded interest, the cost of debt, spending, etc. My daughter ended up just investing the funds (with NFCU I think) but she told me once that most (in her opinion - the guys) just go out and buy nice cars... Like was said above, you can lead a horse to water...
On another note, my oldest daughter - whie staying out of debt - was a rather prolific spender. When she and her fiance were nearing their wedding date they agreed (I'm guessing he pushed for it) to enroll in a Dave Ramsey personal finance class. It taught much the same info, and they expressed when they got on the same page about their financial future. And a few years later they had their first child and my daughter is able to stay home with him.
So yeah, I really do believe these things should be taught!