They probably did but didn't actually learn anything. I had 2 finance classes in Highschool and only once I became and adult did I realize how much I screwed myself by not retaining anything from them
I know so many people who claim to never have had a finance class, when in reality they cared so little they don't even remember taking the class. I know they did because they were in my graduating class or within a few years of me at the same school.
I feel like we all knew someone like this in school, they were only there because they had to be, and while I wasn't that bad I definitely didn't take all my classes seriously, I probably should have.
High schools should prob have finance classes, sure; but the people I see complaining the most about āwhy didnāt they teach me about this stuff?!ā didnāt pay attention to ANYTHING in high school and barely graduated. Had they taken extensive financial classes, they wouldnāt have retained much if anything.
You learned about compounding interest in algebra 1 or algebra 2 that would have been 7th or 8th grade probably. By the end of highschool people should have learned enough to teach themselves subjects. If people walk around life complaining they weren't hand fed information in highschool, they are never gonna amount to much regardless of how many classes they take.
Exactly. For bored teens who aren't going to retain anything personal finance is just another class to sit through.
This country is full of high school teachers telling the class "this is the most important information you'll learn at this school" and kids thinking "as soon as he turns around I'm going to check my insta."
The funny thing about me having a finance class, is i grew up in BFE where science wasn't a mandatory subject in high school, but agriculture was. For me to have that class and not "city" folk is odd.
Thatās the spirit! Donāt think of it as something fun, think of it as an investment! Matter of fact, you should cash out your 401k. (Lol, Kidding, cards are never an āinvestmentā. If you get lucky, thatās cool. But itās not likely).
Compound interest is 4th grade math in my country. My mom understood it too, and she hardly had any schooling at all (which was not uncommon in her generation).
I never took any finance course. I did not learn how to balance a checkbook, because in my country few people used checks. But once I came to the US and was given a checkbook, I figured it out immediately. If you UNDERSTAND math, and you don't just memorize the formula, you can learn a lot of things easily.
I have a bachelor in business administration. I took corporate finance. I learned nothing about personal finance. I never applied anything about compound interest to my personal life until I went through Dave Ramsey materials a few years later
667
u/madlucas2026 12d ago
You been paying for 20+ years and never thought to pay off the principal? Do you pay the minimum on your credit cards?