Submitted by Anonymous (not verified) on September 3, 2007 - 08:45.
Personal finance should be part of a required economics course for all high school students. It is essential that all citizens have a fundamental understanding of how the economy works and how to manage their personal finances within that context. It is unrealistic to think that people will become more finacially responsible and independent without being educated about the fundamentals. Life style has as much to do with how one manages his/her income as it does how much one earns. Many people with lower incomes live better than those with higher incomes who don't manage that income effectively. Moreover, computer tools and simulation / virtual gaming offer all kinds of opportunties to teach economic concepts much more effectively than in the past.
Include Personal Finance as part of a Required Economic Course
Submitted by Anonymous (not verified) on September 3, 2007 - 08:45.
Personal finance should be part of a required economics course for all high school students. It is essential that all citizens have a fundamental understanding of how the economy works and how to manage their personal finances within that context. It is unrealistic to think that people will become more finacially responsible and independent without being educated about the fundamentals. Life style has as much to do with how one manages his/her income as it does how much one earns. Many people with lower incomes live better than those with higher incomes who don't manage that income effectively. Moreover, computer tools and simulation / virtual gaming offer all kinds of opportunties to teach economic concepts much more effectively than in the past.