Westminster program teaches how to make and manage money
I wish they offered these courses when I was in school. Theres a lot of
important aspects of life I had to learn on my own, and a lot of people are
still learning. I work at a credit union and it amazes me that the
MAJORITY of people who come in don't even understand the basics of a check, let
alone saving/spending and investment.
also tell not to buy silly computer games? Spend their money on worthwhile
things like bus tickets etc.......LOL!!
Here's a suggestion - Teach them about credit cards! They will run into that
looonnnggg before they buy their first stock!
By the time these students have left high school it is too late to be of much
help. But some is better than nothing. Personal finance should be required in
all high schools along with the basic math learning skills. Business has been
too long trying to keep this kind of education out of education, it gives them a
lot of consumers ripe for the plucking and draining them financially. By the
time a student leaves high school they should have a good understanding of the
financial system and how it covertly strips them of their earnings. The stock
market is never a friend or friendly and should never be attempted unless you
plan to lose whatever you invest. They are just as bad as the slot machines in
Nevada, win little and lose a lot. Then record keeping is the biggest and
hardest part of stock market gambling. This day and age personal finance courses
should be required for high school students. Students and many consumers have
been tricked and misinformed about how and what to ask about in their personal
dealings with corporate america.
It's about time they teach kids about finances. They should stress how important
it is to avoid getting caught in the credit card trap.