Interesting.
How many current high school teachers are qualified to teach this?
Both my kids took it in HS.
From what I know the teacher was good.
It’s mandatory at our high school, most kids take it during the summer remotely. It was pretty basic but better than nothing, I’ve always discussed finances with our son, he’s a pretty aggressive saver and investor. He opened a Roth when was 18, a brokerage account sophomore year in college, attacked his student loan after graduation and has no debt.
Most kids at our high school take the class remotely in the summer and the teacher isn’t too involved. I think my kid had to go in on the first and last day. It covered the basics and probably helped most kids understand personal finances better or at least introduce them to it.
Never available in the horse & buggy days when I went to high school. I learned personal finance watching my debt hating mother manage their envelope budgeting system. Envelopes were prioritized, money went into the envelopes and bills got paid in their order of importance. Savings went into the bank account. I recall her taking money out of the grocery envelope and buying groceries totaling within a dollar of that amount. Credit cards were rarely used and balances always paid when billed. Cars were bought with cash. I was probably 12-13 when they loosen up ever so slightly, taking advantage of the 90 days same as cash opportunities, but never failed to pay before 90 days.
Same.
Discussed with both kids. Son is really good, daughter…….not so much.
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My off the boat Polish inlaws didn’t have a credit card or checking account until I met them. They’d take cash to the drug store to pay the utilities, paid off the mortgage in 7 years, bought cars with cash, bought everything with cash. Their bank was in the Chicago’s Polish neighborhood and the tellers (actually everyone) spoke Polish. They still have cash stashed around the house.
When my polish grandfather died, my dad and his siblings had to search the house. He had old coffee cans full of coins, cash stashed in the thier bible, rolls of coins in his work bench, monet in the old garage, etc.
When my parents died, my dad died first. When my mother died, I found that she had everything sorted out and written down. Old habits are hard to break.
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