Debate Politics Forums - View Single Post - Should a basic personal finance class be mandtory in High School?

mikhail · 06-19-08, 12:57 PM

I think the principle reason people get into debt is their personality a bit like gambling addicts many are aware of the risks but go ahead anyway.If people are living month to month the temptation to buy things on credit is very strong and even under the knowledge of repayments people lie about their income to seccure loans they cant afford.

06-19-08, 12:57 PM	#34 (permalink)
mikhail blond bombshell Join Date: Jul 2005 Last Online: Yesterday 07:08 PM Location: uk Posts: 3,585 Thanks: 279 Thanked 468 Times in 358 Posts Lean: Independent Gender: Current Mood:	Re: Should a basic personal finance class be mandtory in High School? I think the principle reason people get into debt is their personality a bit like gambling addicts many are aware of the risks but go ahead anyway.If people are living month to month the temptation to buy things on credit is very strong and even under the knowledge of repayments people lie about their income to seccure loans they cant afford. __________________ The third-rate mind is only happy when it is thinking with the majority. The second-rate mind is only happy when it is thinking with the minority. The first-rate mind is only happy when it is thinking.