Why is Personal Finance Not Taught in School?

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I happened to have some friends with their kids currently in high school, and I frequently notice how often those kids fail to recognise the importance of personal finance handling. They seem to be well educated on the latest PlayStation games and have the hundreds of spare hours to post on MySpace. But when it comes to money, all they know is that money come from their parents and that’s about it. And while some still argue that “money is not everything” money definitely are what’s moving the world. The next generation spends 4 years in school preparing for their college and making plans on their future. They learn a bit of just about anything, but why are finances not included? Many of them begin working prior to going to college and. they still don’t know the value of money at that point. To me, basic finance should be included  in the core curriculum just like basic computer skills are. As an immigrant from a foreign country, I learned finances the hard way. It costed me a lot of time and money which youngsters can save, if they are taught properly on how to spend wisely. Why learn the hard way?



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