I agreeto Idea Public education: personal financing classes
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Between Federal, State, and Local Governments »

Public education: personal financing classes

Teach the basics of personal financing, awareness and understanding of how the credit cards and of the financing systems work in our country. This is a fundamental part of our daily lives and it seems most have never been educated in this –including myself.

This small but vital class would need to be in public education on order to touch and educate the mass, not all go to college to learn financing. This type of mandatory class could create a smarter consumer and family planner(s)

This could also help on domestic issues as well -were financial issues is a large contributor to marital problems, violence, and or divorce.

What other missing basics is missing in public schools? If we skip the basics how can we ask more of the next generation?

Submitted by Josh Senecal 3 years ago

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(latest 20 votes)

Comments (6)

  1. In international development we are doing this more and more--financial literacy is the bootstrap for development! A good site (and organization) in the US is www.makingcents.com.

    3 years ago
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  2. Yes, but it should be either opt-out or opt-in. My dad's a bankruptcy lawyer, so I would already know probably anything they could teach me.

    3 years ago
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  3. Thomas Jefferson was a brilliant man. He saw the dangers in combining church and state, but then he had historical examples of the church/state cooperation to suppress the peasants.

    Unfortunately, his hindsight was better than his foresight. He advocated public education apparently never foreseeing the government/education cooperation to suppress the mind.

    3 years ago
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  4. Our public education system is a shambles. If the federal government gets further involved, it will only become worse. Our teachers are not allowed to teach, they are forced to become political activists through their local education associations. The curriculum is set by state government and many times basic learning is thrown under the bus for "why Mary has two mothers" (something our children MUST know in order to achieve success in the world). We should have a voucher system. This is the only way to make our public education system straighten up - competition.

    3 years ago
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  5. I agree 100% +, cathy. I would go beyond most proposals that allowed vouchers for people with children in private schools. I would allow all taxpayers to choose to give at least a portion of their taxes for education rather than higher teacher salaries in "public" (government) schools.

    3 years ago
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  6. I teach just such a class, which was just eliminated as a direct result of California's budget reductions to education.

    It is REALLY a shame! Especially when there is:

    1 - a HUGE student need in the area

    2 - a LOT of free online, self-paced resources on it

    3 years ago
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