Thursday, September 18, 2008

Mincher: Why America needs financial literacy in every school

Statesman.com

"Why does the school system require classes like math, English and science but not basic personal finance? We force students to learn trigonometry and the like, yet how many of us ever use it again after graduation? In contrast, how many transactions involving money will we each conduct on a daily basis for the rest of our lives?"

I don't agree with the remark about trigonometry (it teaches thinking skills), but teaching financial skills is a failing that needs correcting immediately. In fact, if these skills had been taught over the past few decades, We most likely wouldn't be in the mess We're in now.

Maybe that answers My unspoken question right there.

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