Comments on: Should Financial ED be required in high school? http://www.invesmint.com/should-financial-ed-be-required-in-high-school/ Financial planning, retirement, 401k, investing blog Thu, 04 Mar 2010 18:15:10 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: The Money Hacks Carnival: The Best Crazy-Simple Money Hacks Edition | Credit Material http://www.invesmint.com/should-financial-ed-be-required-in-high-school/comment-page-1/#comment-198 The Money Hacks Carnival: The Best Crazy-Simple Money Hacks Edition | Credit Material Wed, 03 Dec 2008 17:09:42 +0000 http://www.invesmint.com/?p=493#comment-198 [...] wonders Should Financial ED be required in high school?. I would have to say yes, on that one, but it has to be taught at home as [...] [...] wonders Should Financial ED be required in high school?. I would have to say yes, on that one, but it has to be taught at home as [...]

]]> By: Singapore Recession http://www.invesmint.com/should-financial-ed-be-required-in-high-school/comment-page-1/#comment-181 Singapore Recession Sat, 29 Nov 2008 10:05:13 +0000 http://www.invesmint.com/?p=493#comment-181 Well, I have a mixed opinion on this. Yes and No. Yes. because everyone should be responsible for their action especially in finance. Like teaching them moral or social skills, finance skills are also important part of living in a society. The credit crunch or credit card crunch wouldn't have happen if these people are smart with their finance. No. If everyone is financial smart, then Mr. Market would have no one to exploit and there will be no idots moving the market because everyone will be too caution with their money. Ren Well, I have a mixed opinion on this. Yes and No.

Yes. because everyone should be responsible for their action especially in finance. Like teaching them moral or social skills, finance skills are also important part of living in a society. The credit crunch or credit card crunch wouldn’t have happen if these people are smart with their finance.

No. If everyone is financial smart, then Mr. Market would have no one to exploit and there will be no idots moving the market because everyone will be too caution with their money.

Ren

]]> By: Nicole http://www.invesmint.com/should-financial-ed-be-required-in-high-school/comment-page-1/#comment-179 Nicole Fri, 28 Nov 2008 22:49:45 +0000 http://www.invesmint.com/?p=493#comment-179 There definitely needs to be a serious reconsideration to the entire education structure to teach children more practical skills such as financial literacy. This was something that my single mother dropped the ball on and I learned nothing about managing my personal finances. By the time I was 23 I had a car note for a car I was paying too much on, and about 13 credit cards. It's taken me a very long time to get my act together about wanting to learn about money. Why? I don't really honestly know, I just guess I thought I was getting by ok. I'm 35 and still struggling so it's time. People should not be faced with these kind of struggles and young adults are ill-prepared to face world after graduation. There definitely needs to be a serious reconsideration to the entire education structure to teach children more practical skills such as financial literacy. This was something that my single mother dropped the ball on and I learned nothing about managing my personal finances. By the time I was 23 I had a car note for a car I was paying too much on, and about 13 credit cards. It’s taken me a very long time to get my act together about wanting to learn about money. Why? I don’t really honestly know, I just guess I thought I was getting by ok. I’m 35 and still struggling so it’s time. People should not be faced with these kind of struggles and young adults are ill-prepared to face world after graduation.

]]> By: Joshua Dorkin @ BiggerPockets.com http://www.invesmint.com/should-financial-ed-be-required-in-high-school/comment-page-1/#comment-178 Joshua Dorkin @ BiggerPockets.com Fri, 28 Nov 2008 16:02:46 +0000 http://www.invesmint.com/?p=493#comment-178 ABSOLUTELY! It should be a mandatory requirement to graduate high school! Most college students, let alone adults, couldn't pass any reasonably basic financial test. We need to make sure our children leave school knowing, not only what money is, but how to be responsible adults in society in terms of their finances. I believe topics including debt, mortgages & lending, saving & savings, investing in stocks, bonds & real estate, spending, and micro/macro economics should be covered in a primer on financial education for all graduates. ABSOLUTELY! It should be a mandatory requirement to graduate high school! Most college students, let alone adults, couldn’t pass any reasonably basic financial test. We need to make sure our children leave school knowing, not only what money is, but how to be responsible adults in society in terms of their finances.

I believe topics including debt, mortgages & lending, saving & savings, investing in stocks, bonds & real estate, spending, and micro/macro economics should be covered in a primer on financial education for all graduates.

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