Personal Finance Subjects Schools Should Teach
Posted by P.B. | Posted in Financial Education | Posted on 05-08-2009
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I am a huge advocate of financial education. I am still in the learning mode. I try to learn something new everyday about personal finances. Now I am not saying that it is NOT the parents responsibility to teach their kids about finances (I think they should). But what about if they have it all wrong? We should have individuals well versed in personal finance teach the following 8 subjects in school:
- Credit Cards
- How to Budget
- Importance of Saving and starting young
- The Meaning of Frugality
- How to Invest
- Basics of Real Estate
- Retirement Issues
- Entrepreneurship
The last one is especially important in my book. Why? Because what we teach our kids in school right now is how to enter the rat race and stay their entire lives making someone else wealthy.
