Why has it taken the government so long to start education children about personal finance?
Finally schools in New Jersey are being forced to have every student complete a personal finance course by graduation. Why is this only starting now? Obviously, the poor will teach their children to be poor and the rich will teach their children to be rich.
Do you really want to government to be teaching our children about finance? “When you get into a large debt, just raise your debt ceiling”. The children of today need to be taught how our economy works, how to save money, how compound interest works, and how to market themselves in the work place. All they need to learn can be taught at home or from a book. By the way, that thing about the poor can only teach their children to be poor and the rich an only teach their children to be rich is completely false. An intelligent economist can be very poor because he dedicates his life to studying economics and doesn’t make much of an income, however he can teach his son or daughter what they need to succeed financially. Yes, it makes sense that children born into rich families would learn to become rich, but that’s not the reality. The reality is that many rich children don’t know how that credit card mommy and daddy gave them even works.
Do you really think that our Government, the one that is $16 Trillion in Debt, and Spending as much on Credit as with cash annually is in any way qualified to set up a curriculum to teach youngsters about personal finance?
This can lead to no where good.
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Do you really want to government to be teaching our children about finance? “When you get into a large debt, just raise your debt ceiling”. The children of today need to be taught how our economy works, how to save money, how compound interest works, and how to market themselves in the work place. All they need to learn can be taught at home or from a book. By the way, that thing about the poor can only teach their children to be poor and the rich an only teach their children to be rich is completely false. An intelligent economist can be very poor because he dedicates his life to studying economics and doesn’t make much of an income, however he can teach his son or daughter what they need to succeed financially. Yes, it makes sense that children born into rich families would learn to become rich, but that’s not the reality. The reality is that many rich children don’t know how that credit card mommy and daddy gave them even works.
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why do you think it’s the job of the govt to teach children personal finance?
why would you want them too? it’s the parents job to teach that, not some loser union member who can’t figure out what end is up.
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It’s not the governments duty to teach anything about finance. It is the individuals responsibility to learn about it from his/her parents and start acting on it within the family structure.
I find no where in the Constitution or Declaration of Independence where it states government needs to do that.
Family is your base, without that its a tough row to hoe and government will never be your parent, only your master.
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because getting deeper in debt is THE way to keep an economy growing, and make the rich richer.
There’s no such thing as teaching poverty
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