Why don't you learn about money in school?

Answer 1

Excellent question. Please write our governent. It seem we put such a high priority on academics yet forget the importance of balancing a check book. Go figure?!?

Answer 2

In fact, you do learn about money in school. In mathematics you learn how to add and subtract numbers, which has a great deal to do with money. In Business Education (in high school) you learn about how to make money, about stocks and bonds, about retailing and wholesaling. Some schools even have special projects where groups of students can try their hands at manufacturing a product and selling it, going through all the steps in the process including advertising, packaging etc.etc.etc.

Answer 3

I teach it. The little brats refuse to learn it. :P Money and time were the hardest concepts for me to teach my 3rd graders this year. I almost thought their 2nd grade teachers must not have taught it to them. I had to teach them what the coins and bills were (they should have already known) before I could teach them how to count back change.

I think it's a more abstract concept for children, and it doesn't help that kids don't buy their own stuff. Schools make it worse with lunch money accounts. Now kids memorize a lunch number rather than the coins & bills they need. They're taught credit rather than paying with cash. It's a disturbing trend, but it's how our close-to-being-paperless society is.

Answer 4

I think it should be manditory, especially learning about investing for retirement. Like the fact that it is better to invest in a Roth IRA than any other 401K plans. It's amazing how if a person starts out saving when they are young, they can amass a large fortune when they retire and that's just for putting 7 years of savings away. Truly something that all of us could use in life, instead of learning that the derivitative of a constant is equal to zero....like, who cares?!

Answer 5

When I was in high school, I took a personal finance class. By far the most important class I have ever taken. It should be required. We learned about managing finances, making budgets, balancing checkbooks, and other important life skills.

Answer 6

I am assuming you are referring to budgeting, investments, credit, etc.? I have long thought Seniors in high school should have to take a course in those topics before heading off into the "real world." In reality, budget shortfalls themselves keep that from happening! Just not enough $$$ for it (at least not in most states). Perhaps as a result of the people in charge of state budgets not having those classes in school? Hmmmm...

(and amen Arturo, you are right on with your comment) ;)

Answer 7

I learned about money in school. In math class from elementary up to college level. I also learned about money in economics (mandatory to graduate where I live) in high school, and there were also finance and business classes in high school where they learned all about it.

Answer 8

Usualy teachers are not rich people