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Old 04-28-08, 01:37 PM   #23 (permalink)
americanwoman
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Re: Should a basic personal finance class be mandtory in High School?

Quote:
Originally Posted by talloulou View Post
They should definitely teach a finance course in high school. Not only do kids need to learn how to balance a checkbook but they need to understand how credit cards work.
I agree with this because once a kid comes out of high school and of legal age, credit cards become a convenient way to furnish and live their life in a style similar to how they lived at home. I know many people now in their mid- twenties up to their ears in credit card debt because they didn't understand how credit cards actually work.

It would just really help when people hit the real world and can get into credit trouble real quick. I think a mandatory finance class is a great idea. Better to serve you in life than chemistry or algerbra. Maybe they are important classes but to me it was boring and never held my attention. I did what I had to do to pass those classes and now it seems have no need in my life for any lessons learned there.
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