Did You Learn Financial Literacy In School?

by Joseph · 5 comments

in Personal Finance

While biking to school this morning I started thinking about education, finance and money. This led me to wonder how many people are actually taught anything about finance and money while they are attending school. I for one didn’t learn anything about managing money throughout any of my early education years (in fact this goes all the way up through high-school). Maybe this would explain why so many American’s are so in over their head with debt. With so much debt it’s hard to survive if anything bad comes along; especially unemployment.

With that being said, I present to you a new poll:

Did you (or your children) have financial literacy classes in elementary or high school?

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I’m interested to see your answers to this poll. We’ll see how it turns out, but I’m guessing a majority of us didn’t learn much about managing money in our education.

{ 5 comments… read them below or add one }

Blake March 26, 2009 at 9:08 am

Hey Joe, random question here but what kind of bike do you have?

I just cleaned up my dad’s old 1991 (I believe) Schwinn Crossfit, and I can’t wait to put some major miles on it this spring and summer. I’m really, really hoping when I’m out of school I’ll be in a position where I can commute by bike.

Blakes last blog post..A Simple Way to Boost Motivation

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Joseph March 30, 2009 at 8:46 am

It’s a Sun brand Rover. I don’t think it’s anything special… just picked up the first decent bike I could find that wasn’t terribly expensive.

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Ringo Bonsubre March 31, 2009 at 7:25 pm

Actually, I learned financial literacy after a friend helped me create my own nest egg after I graduated from college. I’m just grateful that he’s not a sleazeball like Madoff. Though I can now safely look forward to a financially secure retirement,investing in higher yield – and risky – instruments during these times can be compared to Cold War-era nuclear brinkmanship. Especially if you’re really trying hard to avoid loosing your money.

Ringo Bonsubres last blog post..The Geithner Plan: A 21st Century New Deal?

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Jason Unger April 8, 2009 at 11:06 am

I didn’t learn anything about personal finance in school. I learned everything on my own after I got married, and I realized I didn’t know anything about managing money.

Jason Ungers last blog post..The Once-in-a-While Fund: How it Works

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Personal Finance Test May 3, 2010 at 10:02 pm

didn’t learn anything about personal finance in school.I’m just grateful that he’s not a sleazeball like Madoff. Though I can now safely look forward to a financially secure retirement,investing in higher yield – and risky – instruments during these times can be compared to Cold War-era nuclear brinkmanship. Especially if you’re really trying hard to avoid loosing your money.*************
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benz

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