Should schools make financial education a graduation requirement?

Graduation is not easy to complete. It takes many years to complete graduation so if student don't get financial help while graduating they won't get inspiration because they need money for their life. that's why we should provide good financial help to the student in this regards. lawsuit loan

As young as possible, children must learn money management so that when they already grown up, their generation won’t suffer the economic crisis that we are experiencing right now. And when they knew how to manage their money, they won’t get easily jammed by scammers and be a victim of internet scams.

Yeah, I'm the dummy...

I was over at the quarter life crisis message board, a board for twenty somethings trying to break into adult life. I posted a message stating that I thought I would've been way more successful had I been educated in high school about finances, like bills, building credit, credit cards, checking accounts, job applications, loans, budgeting, etc. instead of learning trigonometry or geometry, or some other stuff that would only come in handy when playing Trivial Pursuit. I said I knew how it felt to step out to the real world blindfolded...it sucked!

A lot of people on that board called me dumb, lazy, stupid, etc. And said it wasn't my school's fault that I wasn't properly informed of the real world. Apparently posting topics debating structures in society are stupid, whereas, talking about drinking every weekend, hooking up randomly, and other things that are avoided by anyone with a brain are intelligent conversation!

Yeah...I suck never mind.

Oh, wait! I bought my car in one payment at 18, bought a house at 21, and make $19 an hour. My interest rate on my house is %5.88 and on my second mortgage %7.23. After that second mortgage is paid off, $8,400 to go. I'll pay $592 a month locked in for the 30 years or however long it takes to pay it off. The state average for my state is $1,470. I also don't have any student loans and my credit cards are paid off every month. So, I think I might be doing exceptionally well for my age. I'm 22, and I don't know everything, but I think I know how to be a responsible adult. Please don't think, I am bragging! I am just stating facts!

My conclusion: Some adults are downright dumb if not delusional as to what it takes to be successful in real life.

of course it is an academic subject! involves math,reading,decision making,statistics. the goal of education is to produce capable citizens who have the skills to succeed in "pursuit of hapiness".

Elearning would be a good way to reach thousands of students cheaply, effectively, and outside the classroom and the school day.

I am a longtime financial literacy advocate. I led workshops for years, for parents to learn how to teach their kids about money. It is a hard, slow way to change the vector of financial illiteracy in this country. Though parents universally want their kids to be financially literate, few parents are teaching this content, because many parents are themselves struggling with the subject, and because many financially-competent parents don't know how to effectively teach financial skills.

Few schools are teaching this content; No Child Left Behind has placed so much emphasis on core subjects (Science, Reading, Math), that it's increasingly difficult for schools to fiscally justify offering such nonacademic curricula as Financial Literacy. That's why Personal Finance MUST be required in schools.

Young adults 17 to 25 are especially financially vulnerable: with access to credit and loans, they begin making their own financial decisions – and mistakes – at exactly the time when they are beginning to pull away from their parents.

Financial literacy is a life skill. It is as important as tying shoe laces, and should be brought out of the back burner. It is naive to say that these skills can be picked up elsewhere as habits are formed early and we should therefore START YOUNG otherwise we may not even get round to doing it. The argument that making a personal-finance course mandatory may not necessarily improve financial behavior, is but a lame excuse, if not one for those in denial, as awareness can definitely go a long way to preventing silly or bad decisions, that may take years to overcome undesirable consequences. So let's prepare our youths to face reality rationally.

I definitely think that these financial courses should be done at any level. Many people complain about handling their finances and they end up blaming the Government or any other financial mechanism eventually. This shouldn't be the case, providing proper education could bring significant improvements in this field.

Having a required course like this is a significant opportunity for Career + Technical Education (CTE) teachers to demonstrate how vital the knowledge base they bring to secondary education is. I believe that such a course should be required, and I believe that CTE should be charged with delivering it, and to the very highest standards!

Financial planning classes should be involved in schools all across the world. Im not sure if it should be an requirement or not, but having the class there would be a good idea for young teens to learn how to manage there money early to help them later on in the real world.

I have the luxury?? of teaching year round school in NJ to students who are labeled "In Crisis" and are ages 11-17. It is especially difficult to motivate them in the summer when all of their peers are at the beach. As a result, my teaching partner and I have developed a curriculum which focuses on Financial Literacy. We utilize several free resources and our curriculum covers everything from grocery shopping to playing the stock market. In general, the kids love the program and especially love competing for the free Fast Food Lunch for the winner of the Stock Market Game. IT is also fun to see them apply what they have learned to other classes. One student was recently in her Career Exploration class and told the teacher that she had changed her career goal because after taking the summer program she was worried that she would not make enough money to buy medical insurance.
My teaching partner and I often remark how we wish there would have been a class like this for us. Maybe our national economy would be stronger if we all were more educated on Financial Literacy.