Idea to send: |
Topic | Require basic personal finance course in high school |
Content | High schools should offer, as one of the required math credits, a course covering personal finance basics such as reconciling a checkbook, household budgeting, the implications of relying too heavily on credit cards, how to understand a car loan document, an apartment lease, etc. It could help young people figure out the typical standard of living of someone only earning minimum wage (i.e. the housing, clothes, transportation, entertainment, etc. that they could afford living on minimum wage). It would certainly motivate many students to work harder to increase their skills (and thus their demand in the job market) through technical school or college, and could keep them from needless financial hardships down the road. |
|