Oklahoma schools required to teach high school students to manage finances
30 replies, posted
[url]http://newsok.com/article/3936334[/url]
[quote]Per state legislation passed in 2007, Oklahoma students, effective this May, now must demonstrate an understanding in banking, taxes, investing, loans, insurance, identity theft and eight other areas to graduate. Teachers are required to certify students’ working knowledge in each area.
Schools like Mustang, which offered a personal finances course before the mandate — or Kingston, which implemented the requirement soon after enactment, are on track. But countless others are scrambling to meet the additional curriculum requirement — parking many students in front of computers for quickie, do-it-yourself learning.[/quote]
God that sounds so boring, but at the same time super important.
i thought taking one semester basic economics was a nationwide thing. apparently not.
Yeah, Financial Literacy. Required to graduate.
I think this is a good thing, we have it in my state already.
Knowing how to manage money is incredibly important in the modern world.
That's fucking amazing, and something I wish I had when I was in high school.
Sucks when you get out and suddenly everyone bombards you with this shit and you're just like "wait what"
[QUOTE=codemaster85;44025296]i thought taking one semester basic economics was a nationwide thing. apparently not.[/QUOTE]
My school required an economics class, but it dealt mostly with the entire nations economy.
I took an elective class called "Welcome to the real world" just because i could, and that dealt with taxes, personal banking, loans, etc. If you ask me, it should be mandatory for sure
damn, wish i didn't move away from oklahoma
[QUOTE=codemaster85;44025296]i thought taking one semester basic economics was a nationwide thing. apparently not.[/QUOTE]
I imagine economics is, but it's not the same as this, which would be called "Personal Finance". I had to take it here in Missouri, so i am actually surprised at Oklahoma just now getting requirements for this. As helpful as it is, it probably won't make that big of a difference, lots of people will just ignore the class and buy bullshit that isn't worth it, like fast food.
Good. Reminds me of the "contemporary math" class I'm taking this semester. I started it, looked over the syllabus, and realized that a lot of it will actually be useful for me. A shame I had to take it in college and not high school, but then again, it might have been an elective in high school that I never noticed/paid attention to. Funny that this contemporary math course is one of the easiest I've ever taken, so far, like the only math I'll actually need is really quite simple. I can't judge that, yet, but still, funny, curt observations.
Just today I was thinking about the worthless crap taught in high school and what useful stuff it could be replaced with.
Financial management, the importance of an educated voter, basic auto mechanics and maintenance...
Everybody should know to manage money, you'd be surprised at how many people think that money's easier to get and keep than it actually is. One of the many things my parents taught me to do was to audit the family finances, learn about the importance of careful spending, and to maintain proper accounts for everything I spend and use.
And yep, I file my own tax returns, too.
My school didn't teach me financing so I have to get my parents to help me when it comes to all this finance stuff. Luckily they aren't assholes so they are eager to help me
Thank god. I've been advocating for something like this at my high school, I hope they can implement this in Texas.
Good. Nobody can manage their goddamn finances anymore. I hope lesson one is "Don't get a credit card they're only going to put you in debt. No you're not mature enough to use it responsibly."
Economics has been a required course for my school in PA since around 2000. My school also has an Accounting course as an elective, that's almost as in depth as a college course.
I think this is fantastic. I know here in Georgia it's required that Economics be part of the curriculum. The problem with that though is that it's only for half of a year; the other half is US Government. Even then, it's more or less focusing on US Economics and the world in whole, rather than personal finance and such.
I did get an opportunity in the first year of college to take a Personal Finance class that sort of dipped my toes into some of the confusing and complex things that you deal with as a financially independent adult.
In my opinion, I think everyone should be required to take classes like these; I don't think young adults understand the importance of such knowledge, or the ability to manage one's finances. At a certain point your priority shifts from buying new clothes and concert tickets to paying bills, debts, and other expenses. It's understandable how such an abrupt shift in responsibility can be almost too much to handle.
Every school should do this, it's on my list of things people should know how to do before graduating high school. Like changing a car tire/basic car maintenance.
We all gotta learn to manage our shit sometime
[QUOTE=Diet Kane;44025445]That's fucking amazing, and something I wish I had when I was in high school.
Sucks when you get out and suddenly everyone bombards you with this shit and you're just like "wait what"[/QUOTE]
This is what I was thinking when some of the professors in my college mentioned that the local high schools were changing their programs to teach students to think critically instead of the usual "retaining facts until the next exam then forgetting everything".
This is good, I work with 20 year olds making $80k a year and they NEVER have any fucking money
It boggles my mind, many of them only have a couple hundred in savings at any one time
I'm pretty sure all high schools in the US require half a semester of econ and half a semester is American Gov
I remember having to do this kind of thing in Middle School back in Arizona. Was apart of Social Studies and Math.
Just make sure you dont spend more than you have.
In North Carolina this is already a subject tied into civics. Didn't know it was not nationwide :v:
As an Oklahoman highschool student, I can assure you this is the most boring thing ever and and I've only gotten like 25% of the way through.
[editline]24th February 2014[/editline]
Also it's basically a bunch of Swedish people on a TTCU site telling you banks are bad and credit card companies are all evil over and over again
Good. Personal Finance is a required class here and its incredibly useful
[QUOTE=Medevila;44025305]'Personal Finance' became a mandatory course this year at my school in Pennsylvania as well[/QUOTE]
Im in PA too, but its been here for a few years longer.
They need to start introducing more courses like this that prepare students for the real world.
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