Should money matters be taught in high school? Source: Pixabay

The real question is not if they should be taught in school, but how should they be taught. Having schools offer full courses on personal finances sounds great. Kids are taught, after all, on how to manage accounts, credit cards, understand compound interest etc. Are their teachers qualified to teach personal finance? There are a rather high number of educators who are in debt due to their own personal money management. One wonders if these schools are certifying educators to teaching real finances.

Regardless, statistics seem to suggest that teaching high school students about money matters is not optional but rather a need. Teaching students how to manage their personal finances is, in fact, a benefit for the entire economy for two reasons:  One, students in high school are preparing to enter the work world or continue their education, and two, this means that if members of society are working and have monetary knowledge, the economy will be less likely to suffer like it did several years ago. 

The thing is that high school students are already being engaged in economic activities.  According to studies, 64% of students are getting a bank or building society account before they even get to secondary school.  This calls for strategies to begin as early as junior high. Children before the age of 11 should be taught simple and important financial principles by their parents.

Educating students in financial matters, by well-trained educators guarantees that these students will be citizens that will learn how to make informed decisions regarding their personal economy.

 

 

Lastest News

How to Make a Successful Real Estate Deal?

How to Make a Successful Real Estate Deal?

Purchasing your first home can be an upsetting, nerve-wracking event. Notwithstanding buying another TV is not something you need to take daintily. When you aggravate that price tag a hundredfold (at any rate), it's nothing unexpected that numerous potential home purchasers escape. Be that as it…

View Full Article …
Ways to Invest in Real Estate

Ways to Invest in Real Estate

If you are looking to invest in a real estate the best way is to directly purchase the properties. There are any different strategies that can be used. One way is to buy a property and hold it for certain period of time. This process requires an active management and it could prove to be very labor…

View Full Article …
Real Estate Attorney

Real Estate Attorney

The guidance of an expert is required in case of buying or selling of real estate property to know about the legal responsibilities involved and required in the process. It is advisable that you must contact a real estate attorney to help you on your case as he can assist you in buying a property…

View Full Article …
Property Management Contract

Property Management Contract

Property management can be defined as the overseeing of a real estate. It can also include the managing of personal possessions like tools, equipment and assets. If such an agreement takes place between parties, the contract for this agreement must contain all the points on which both parties have…

View Full Article …
Getting a Private Mortgage Loan

Getting a Private Mortgage Loan

There are different steps that you need to follow when you are considering to apply for a private mortgage. The first step is to hire a mortgage broker who has knowledge on how to get a private mortgage. The process for getting a private mortgage is relatively simple and fast. In many cases you may…

View Full Article …