this post was submitted on 13 Jun 2024
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It seems kind of ok, everyone agrees that they should be teaching some finance basics. I guess I would.jave preferred to see what outcomes this has had in other places (rather than just trying random experiments on our students). It'd be nice to see if Doug could pass this test himself.
I’m in favour of teaching financial basics but, I think, the last thing these kids need is another test to take to graduate. Way back in the olden days of the 1980s there was a high school course that taught things like budgeting and investing and the power of compound interest. I forget what is was called - Consumer something or other
By circa 1990, I believe the course was called Life Skills or something of that ilk, and was not mandatory. (I didn't take it, although it would have been one hell of a lot more useful than PhysEd, I'm sure.) We did cover some related material in math classes at various points.
Really, you coulld put this in elementary schools—none of it needs more than fourth-grade math. Basic arithmetic operations, percentages, decimal points.