Quote:
Originally Posted by Tully Mars
I agree schools should be teaching PF, I took it in HS. But in all reality I think parents should teach their kids about banking and financial matters. I know my father taught me from an early age about earning and spending money. His concept was pretty simply- spend less money then you earn.
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I wish my parent would have taught me good money habits, unfortunately they don't know a whole lot about how to manage money and it's clear from their spending choices. Ultimately, I think that's what this all boils down to. A whole lot of parents(/people), while well intentioned, didn't make prudent financial decisions. When combined with the fact that lenders were making it easier for a bad choice to seem like a good one, you end up in the mess we're in now.
In short - yes, a money management/personal finance course sounds like great addition to public education.