Started By
Message

re: Florida just became the largest state to mandate personal finance education in high school

Posted on 4/5/22 at 1:53 pm to
Posted by Celery
Nuevo York
Member since Nov 2010
11087 posts
Posted on 4/5/22 at 1:53 pm to
I could’ve used this after college. In high school it would’ve gonna in one ear and out the other.
Posted by dgnx6
Baton Rouge
Member since Feb 2006
68593 posts
Posted on 4/5/22 at 1:55 pm to
Desantis is literally hitler. How dare he!
Posted by scott8811
Ratchet City, LA
Member since Oct 2014
11326 posts
Posted on 4/5/22 at 1:57 pm to
quote:

but who really needs to know how to balance a checkbook


to me the term "balance a checkbook" is more of an all encompassing term for financial literacy.
Posted by Celery
Nuevo York
Member since Nov 2010
11087 posts
Posted on 4/5/22 at 1:59 pm to
quote:

The left will shite on this somehow


About half the co-introducers were Dems. I don’t think this one is really a Left/Right issue.
Posted by chryso
Baton Rouge
Member since Jul 2008
11862 posts
Posted on 4/5/22 at 1:59 pm to
BTW, I took this class as an elective at LSU years ago. It is CFS 1062 Personal Financial Management.
Posted by lsu777
Lake Charles
Member since Jan 2004
31042 posts
Posted on 4/5/22 at 2:00 pm to
quote:

So your plan is that the bank knows best and if they make a mistake you will just live with it.




no.....have you ever looked at an online ledger before??? very confused...you can see each charge and what it is for, if its wrong dispute it.

its liek some of yall have no clue how online banking works.
Posted by GreatLakesTiger24
One State Solution
Member since May 2012
55596 posts
Posted on 4/5/22 at 2:01 pm to
quote:

Teaching money management such as how loans work or using a credit card is pretty useful and that wasn't taught at any high schools to my knowledge by me.
it was offered as a senior elective at my louisiana public high school but the only kids who took it were, uh, not college bound. everyone else was taking calc or pre-calc
Posted by chryso
Baton Rouge
Member since Jul 2008
11862 posts
Posted on 4/5/22 at 2:03 pm to
quote:

its liek some of yall have no clue how online banking works.


And yet you are arguing against the class...
Posted by tide06
Member since Oct 2011
11178 posts
Posted on 4/5/22 at 2:05 pm to
quote:

Florida has taught sentence diagramming for countless years of our education, yet I couldn't diagram this sentence to save my life

So is your argument that we shouldn’t bother teaching math or reading because some people forget it?

Come on, this is one of the most impactful things in most peoples lives and should be taught yearly throughout HS.
Posted by FinleyStreet
Member since Aug 2011
7901 posts
Posted on 4/5/22 at 2:07 pm to
Need to add a basic tax return and how to fill out a W4, which the vast majority of adults don't know how to do.
Posted by Jones
Member since Oct 2005
90500 posts
Posted on 4/5/22 at 2:07 pm to
We didn't have a specific class for it. We didn't have many electives at all when I think about it.
Posted by lsu777
Lake Charles
Member since Jan 2004
31042 posts
Posted on 4/5/22 at 2:09 pm to
quote:

Everyone seems to be hung up over the checkbook part. Teaching money management such as how loans work or using a credit card is pretty useful and that wasn't taught at any high schools to my knowledge by me


i went to school in the lake charles area and graduated in 01. it was 100% taught in middle school. it was 3 months of basic financial math and how to balance a check book, how to open a bank account etc.


finacial math was taught in high school and seved as the 3rd math needed to graduate for those who couldnt pass algebra 2 or had no desire to go to college so didnt need to take it. it 100% taught basic personal finance including everything you mentioned.

you also took a class for half a year which was split with Civics for the other half that specifically taught you our financial system including how to invest. in fact internet and computers were just becoming big and we played a game through yahoo that allowed everyone to have 1000 in fake money to invest. and the end of the semester whoever had the most money and could explain why they made each trade and what it was based on essnetially got an A in the class. it was like 50% of our grade(not how much you made but more the why and the how and the research for each trade)


just because most scream its not taught doesnt mean it isnt. most just dont pay the frick attention.
Posted by lsu777
Lake Charles
Member since Jan 2004
31042 posts
Posted on 4/5/22 at 2:10 pm to
quote:

And yet you are arguing against the class...


not at all. im saying its been being taught, people just dont pay attention or chose not to take the class. i went to a 3a school and it was taught.
Posted by sugar71
NOLA
Member since Jun 2012
9967 posts
Posted on 4/5/22 at 2:30 pm to
quote:

The issue is, schools weren't meant to be a catch all for all of society's shortfalls. Things like how to balance a checkbook were taught by parents and not the school system.

Where do we draw the line in saying that it's not the school's responsiblity to teach life skills that parents/relatives/society should be teaching instead?
Some parents , but from my experiences money was nearly a taboo subject. I had 2 Uncles I believe were millionaires ( one a "401k millionaire") , but it was like pulling teeth getting any financial instructions from them. Their children ( my cousins) knew little to nothing about finances & learned very little from my Uncles.


Sex or Sexual orientation? Good fricking luck learning about sex from my parents & I'm sure 90 plus percent kids aren't taught much about the subject at home. I have few problem with instruction on these subjects at school.
This post was edited on 4/5/22 at 2:31 pm
Posted by evil cockroach
27.98N // 86.92E
Member since Nov 2007
7458 posts
Posted on 4/5/22 at 2:37 pm to
I’m sure someone already had mentioned this, but a finance class for high school seniors makes sense when you see the enormous student load debt they go into. I have to think that one of the reasons behind this is no concept of how money , credit, and debt all works.
Posted by StringedInstruments
Member since Oct 2013
18379 posts
Posted on 4/5/22 at 2:41 pm to
quote:

The left will shite on this somehow


Easily.

“It’s racist to make kids on welfare learn about personal responsibility with finances. They will feel bad about government assistance! Having a job, keeping track of a checking account, and investing money is white supremacy!”
Posted by meansonny
ATL
Member since Sep 2012
25594 posts
Posted on 4/5/22 at 2:45 pm to
Im pretty sure all of that was on a poster at the smithsonian for a few days until social media caught wind of it.
Posted by frogtown
Member since Aug 2017
5007 posts
Posted on 4/5/22 at 2:46 pm to
quote:

I had 2 Uncles I believe were millionaires ( one a "401k millionaire") , but it was like pulling teeth getting any financial instructions from them.


IMO this should be one of the items taught. 401K millionaires. Work hard/save/invest/compound your money and in 30-40 years you shouldn't have to depend on the fed government for retirement. Not hard. Just takes time. Many folk don't realize this.
Posted by Jones
Member since Oct 2005
90500 posts
Posted on 4/5/22 at 2:50 pm to
Cool man. They didnt teach it at my schools.
Posted by meansonny
ATL
Member since Sep 2012
25594 posts
Posted on 4/5/22 at 2:52 pm to
It bothers me that so many people's initial reaction is "this should be taught in schools".

Spend time with your kids.
Teach them your own values yourselves.
Dont rely on mother government for every GD facet of life (like parenting).
first pageprev pagePage 4 of 5Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram