re: Only 13% of workers under 50, could answer 4 of 5 financial literacy questions correctly

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I have 4 kids. Self taught on guitar, piano, drums. Self taught in sign language.

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And that’s admirable. Unique, but still admirable.

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Parent taught on cursive, checking accounts, differences in revolving and installment debt, compound interest and the rule of 70, etc..

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And that’s all fine and good. You have the ability or background to do that. So for the parents who can’t effectively do that… the world needs ditch diggers too? Sorry, but I don’t see it that way. Hopefully your kids know how lucky and blessed they are.

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I dont expect school to teach my kids about faith and morality.

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I’m opposed to that as well. But no mention of those topics has been made by me.

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Why assume that schools are prepared for anything other than reading, writing, and arithmatic?

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Since I know that all of the school systems in my area teach a LOT more than just basic math, reading and writing (various higher level math and science courses, art, music, dual enrollment and AP classes in STEM areas, etc., etc.), why do you have such an issue with basic personal finance being taught, even being incorporated into an existing math or accounting course? Of all the things to be opposed to, this seems like an odd hill to die on.

Hopefully I’m a half decent mentor to the kids and younger adults that I encounter. Because I know how lucky I was to have great parents and mentors along the way, I feel that I owe something to the kids who don’t grow up with those advantages.