12-20-2008, 09:33 AM
Jiggy Wrote:The biggest failure for most high schools is they don't teach kids practical things like, balancing a checkbook and other money management things. As simple as it may seem to some of us, like you said there are a lot of f-tards out there. I believe this is the parents responsibility but some parents are clueless themselves. At least offer it as an electives class.
Actually if you take an accounting class in High School, they do teach check book balancing, along with money management. But still this is something that a parent should teach their child. It's not the responsibility of the school to teach them. Besides do we want government schools to teach our kids management when it's clear our national budget is messed up. But on the other hand, with more and more houses getting foreclosed on and more bankruptcy for over spending do the parents, know this at all.
Maybe there should be more ways to learn. I haven't finished college yet, but I negotiated my house buying, fixed rate 6.5% interest, $900 a month, and after reviewing my budget it looks good. Technically after my tax refund this year, Chris and I would only owe on the house, one medical bill, and a credit card that has been shredded. In other words if one of us were to lose a job, we could get by until one of us found a job. They need to teach that in school.