What will business & personal finance advice you wish you had when you were taught in school? Is not the goal of educating children to be prepared for the real world?
I believe that all children basic business & personal finance skills should learn from the age of twelve to sixteen years. Why not teach children to work, such as mortgages and pensions. Everyone needs a place to live and if they live long they need in order to retire one day.
Schoolsshould teach their students how the administration to eliminate credit card debt. They should learn how credit card companies their money by levying exorbitant amounts of interest far more than a personal loan to people who pay late.
Students should learn how to negotiate and barter. After all, they are to do this every day for the rest of their lives. What is learning the difference between the brand and margin?
Learning how to handle money, would be the bestcompulsory course in the school. If you have a class such as "Business & Personal Finance" and make it standard for all children, then what topic you want to remove or less of?
I had a period a day of Latin. This is pretty useless in my life. Has anyone benefited from learning Latin? I read from the Greek gods, translate old books, and I must admit that after I did for over 4 years, I remember only a handful of records now.
How many of you rememberSweating about things like algebra and trigonometry? Was this useful to you in life? Certainly does not need as much detail with each child and need only be taught to be informed would-be scientists and mathematicians?
I had art lessons. Where are they really necessary? I was, how to knit and dance is taught? What was the point of that? What about the religious education? Should not be this type of material taught in Sunday school? Should this issue really be taught in schools at all?
I'm not sure that we completely remove these issues. As you can see, it would be really easy, a little less of some other subjects to make room for one period a day of Business & Personal Finance to notify all older children.
This advantage would be the British economy? I'm sure it would. Imagine leaving the school with students basic understanding of fixed and variable rate mortgages. They had learned to manage their bank account and check their bankStatements. Would not it be great if they knew how to compare the calculation of gross / net profit margins, and one investment to another?
Many people make the argument that this information should be taught by parents and not teachers. The problem is that many parents do not understand themselves, the basic concepts of personal finance! Some see their personal finances as a private matter that should not even be discussed before theChildren.
What issues you should keep them more and what subjects they should teach less in order to make room?
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