Basic Personal Finance Class - Before Graduating From HS
Too many people in this country do not know much about personal finance. This problem leads to financial problems such as excessive debt, lack of savings and living above your means. A basic class that deals with the fundamentals such as balancing a checkbook, saving and investing is a necessity!
Q1: Why hasn't the majority of the schools have these classes!
Idea Description
Too many people in this country do not know much about personal finance. This problem leads to financial problems such as excessive debt, lack of savings and living above their means. This lack of education can also lead to foreclosures, bankruptcies and divorces. A basic class that deals with the fundamentals such as balancing a checkbook, saving and investing is a necessity! I really believe that the mortgage mess and foreclosures that we are now facing are primarily caused by the fact that borrowers were not educated in the risk of adjustable loans. These classes will have an enormous impact on our society by reducing debt, increasing savings and investing, and making wiser purchases.
What will you do if you win $10,000 for this idea?
I'll invest 10k in getting this plan to work with the help of Dave Ramsey.
Vote for it now.
I read part of the disparity study of 1965. Whereas it stated a need for this training in our public schools as part of their poverty eradication finding. It stated if this subject was introduced as early as the 4th grade it is possible to eliminate the need for welfare in one generation.