why isn't finance management taught in the school system in the high school setting?

Answer 1

I am taking that class now in college and I believe that some of the concepts are beyond what some teachers are capable of teaching. It takes my professor a while to explain it to people in three diffrent ways. I though have had some courses in high school that connect with the subject. So some hhigh schools are teaching parts but not all of it.

Answer 2

Good question. Better yet, why doesnt the American public education system teach economics before high school. I encourage my son (14) to earn money and manage his money. He has a nice lawn mowing business in our niegborhhod and makes quite a bit for a teen. He invests 50% of his earnings in a fund that I assist with. He puts the rest in a bank account where he saves up for teh things he wants. When he routinely ruined his socks I made him start buying his own. He soon learned the value of a dollar and there are no more black socks with holes in the heels. I cannot say why this type of learning is not part of our educations. But I can say that any learning should start at home and all kids old enough to want something at a store should start learning about money, saving and planning for the future. You shouldnt have to wait until high school to begin learning teh basics of suppy and demand style economica and teh importance of money management

Answer 3

Because the school systems are more worried about standardized test scores & finance is not one of the subjects! I graduated high school knowing calculus, but not knowing what a credit report was & how it could affect you for seven years-I'm just getting my credit score back where it should be. There has to be a way to go to the school boards & fight to get this taught, but it would take a LOT of people & a LONG time to get it done.

Answer 4

That's a great question, and it's increasingly obvious that our school system is based on an old and antiquated model that won't help us become competitive as a nation. Investing, saving and financial management are the fundamental keys to being a successful adult... but I think the old model of the school system views that as being too "greedy" and "non-intellectual". Things like English and Social Studies are necessary, but Finance is frankly just as fundamental to success.

Answer 5

Great question! Schools are teaching to the test for the "No Child Left Behind Act". We need to get life skills (personal finance, budget management, conflict management for relationships etc) included in the parameters of "the test" that supposedly keeps children from being left behind. We need to support schools in their efforts. They have more pressures from this act than one can imagine with continued cuts in funding except for residential areas where kids are financially privaledged. The people who wrote that law must think that other things are more important than preparing students for life with these basic skills or they assume those needs are getting met in some other way. Students need many things to prepare for life and the trouble is figuring out how much can be done and how it should be done from preschool to the 12th grade. Not only do we have to change the law, we have to mobilize to help put funding back into schools if we are going to expect them to change in order to better prepare students for life. The pattern has been to blame, penalize, and eventually close the school in neighborhood after neighborhood, in city after city across the USA. This is a sign to me that the act is leaving many more kids behind which is the opposite affect it was intended to have.

Answer 6

In my state, we require bachelors in education with a few years experience (the number of years depends on the district), master's and PhD in school administration. It is preferred you have some experience as a school administrator such as vice principal or principal prior to becoming superintendent. What you need most for that job are good connections to get the interview.

Answer 7

It's possible that the schools teach it, but students just aren't taking the class. I took a business math class in high school where we learned about home budgeting, car loans, checking accounts, and mortgages. Look closely, it might be there after all.

Answer 8

they have to make a lot of choices. there are competing ideas about what should be taught. of course it's a good idea to have everything taught. you should think about getting on the pta or other guiding body and change the curriculum in your school district to include this. when i went to school it was an elective in the "slow" track.

Answer 9

Look for business subjects such as Business Math, Accounting, Recordkeeping, Economics and Consumer Math/Finance.

I teach all of them!