Who taught you about finances?

Question

balancing a check book, doing your taxes, handling credit cards...etc

where you told enough?

should we have financial education in high school to better prepare our youth?

Answer 1

nobody i had to learn the hard way.
yes they should but parents should teach there kids about how important it is.and how important there credit is

Answer 2

My elders, myself taught me. Listening, reading to the thought of those in better stead than myself.

I can never have enough. Certain aspects of what was considered good finance habits have changed over the last 30 years. For instance, a dollar openning a bank account for a baby was gift 50 years ago, with the hopes that the compounded interest would benefit it as an adult. The rules changed. The began charging maintenance fees for the account.

Financial Education: No! We should get it as tiny children complete with a piggy bank. In Primary school we should learn business law, ethics, history, accounting, and investment. In Secondary school the movies "Back to School " and "Godfather1,2,&3" should be analyzed in conjunction with the Declaration of Independence & US Constitution from an economic perspective. The socio- economic dynamics of including things like Liberal Arts, Philosophy,etc as part of the GDP.

Answer 3

More education would be worthwhile. We practiced writing checks and reconciling accounts in middle school, but there was not much about mortgages, stocks, compound intrerest, or any of the other gory details of modern finance. I have found the reference to be worthwhile.