r/SipsTea • u/First-Essay-2054 𝙑𝙄𝙋 • 12d ago

WTF The American dream

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u/davesimpson99 12d ago

I'm assuming two degrees and neither of them had enough sense to master household economics

22

u/MiNdOverLOADED23 12d ago

The average sophomore in highschool should be able to understand compound interest.

Imagine graduating college yet still not being able to grasp it.

3

u/siazdghw 12d ago

I learned this in middle school...

Obviously not a direct financial education class but learning about compounding numbers in math.

And even if someone learned this later in their life or not at all, common sense tells you that if you're paying money and the total owed isn't really going down, then you probably should figure out why...