Comments on: Personal Financial Education – Government Improvement Series

By: Meaghan

Meaghan — Thu, 16 Jul 2009 23:27:38 +0000

This is an obvious but worthwhile idea. Not only is it useful for kids to develop these skills, but it will also make it more interesting.

By: Johnny

Johnny — Tue, 07 Jul 2009 17:36:02 +0000

Ha, fat chance… This will never be taught the same reason HS graduates don’t know what the Bill of Rights is…

It would make for poor wage slaves as public schools are serf factories; learn conformity and obedience to authority.

“They don’t want well informed, well educated people capable of critical thinking. They’re not interested in that . . . that doesn’t help them. That’s against their interests. That’s right. … They don’t want that. You know what they want? They want obedient workers . . . Obedient workers, people who are just smart enough to run the machines and do the paperwork.” – George Carlin

By: Wilson Pon

Wilson Pon — Tue, 07 Jul 2009 06:42:55 +0000

To be honest, Ning. Why the small citizens like us always the victims of the constantly changed government policies? I’m getting tired with it!

Yep, I agreed with your opinions here, as a high school teacher, I supported your thoughts wholeheartedly.

By: Ann

Ann — Sun, 05 Jul 2009 21:45:49 +0000

We homeschooled our children and included a very in-depth study of Practical Money Skills that is offered by Visa. It includes lesson plans ranging from young children to adults and could be used by parents who don’t homeschool. It really helped us out a lot!

By: Ann

Ann — Sun, 05 Jul 2009 03:00:04 +0000

Look at government spending, it seems they are printing money like there is no tomorrow. I’m not a conspiracy theorist, but I do agree that the present government administration is leaning more and more to turning this once great country into a socialist chaos. The nationalizing of the banks, the auto industry, heavy tax increases and pretty soon health care. It seem like they want us to be totally dependant on big government so they can have all the power and control.

By: MoneyNing

MoneyNing — Sat, 04 Jul 2009 00:39:34 +0000

This spend spend spend mentality is way out of control and will never work. Not on an individual level, not on a corporate level and certainly not on a national level. Eventually, the one who cannot pay its bills crash and burn.

I just hope the America is ready for it when the country is no longer the power of the world even though history taught us that no country ever is. (ancient China, Great Britain, Japan all thought they were invincible at one point in history)

By: marci

marci — Fri, 03 Jul 2009 17:43:08 +0000

Family budgeting, to a certain extent (but not retirement etc) used to be taught in Home Ec classes…. Now sadly, Home Ec is not being offered in many school. So not only do they miss out on the budgeting, frugal homemaking, and basic bill routines, but they miss out on frugal cooking, basic sewing repairs, and learning to do for oneself, and how much one CAN do for oneself, without paying someone else to do it…. Sad commentary on our times.

By: CD Rates

CD Rates — Fri, 03 Jul 2009 14:25:34 +0000

You have to wonder why it isn’t taught. I hate to be all conspiraciatorial (nice word, huh!), but for about thirty-years now, it seems that our Gov’t has wanted people to spend beyond their means. They want us to buy on credit, consequences be darned.

Also, personal responsibility would have people depending on themselves and not the Gov’t for solutions to their financial health. The Gov’t doesn’t want us to look towards ourselves. They want to take us much as they can through taxes, fees, etc. and prop up their causes and friends.

In the current environment, it was all about freeing up credit so people could continue to be leveraged. When have you heard the Gov’t say, save, save, save. They want us to spend, spend, spend.

You are right that those things should be taught in school, but I don’t think they will. In the Gov’ts mind, the paradigm shift would cause too much pain. Frankly, I’m not sure we, as the people, could stand what it would really take for this country to shift back to living within and even below our means.

cd :O)