|
|
Post by Frank Reynolds on Jul 26, 2017 9:49:27 GMT -5
Not surprising. Don't think this is just a California thing either. People live way beyond their means, get into credit card debt, spend/lend a fortune to go to private colleges, go out to restaurants/bars every night instead of cooking for themselves, finance cars they can't afford, and just don't know how to manage money. Young people feel like they're entitled to all these things and spend every penny they earn on them without putting any of it away. Simple budgeting and most don't have a clue how to do it. Just following the government's lead. Money management is something that should be learned and practiced at an early age. Parents play a big part in this. Parents need to teach their children how to properly manage money, but the parents also need to know how to do it too. A lot don't. It really is amazing how clueless so many people are when it comes to money and living within their means. |
|
|
|
Post by DDNYjets on Jul 26, 2017 10:08:11 GMT -5
Just following the government's lead. Money management is something that should be learned and practiced at an early age. Parents play a big part in this. Parents need to teach their children how to properly manage money, but the parents also need to know how to do it too. A lot don't. It really is amazing how clueless so many people are when it comes to money and living within their means. I think this is part nature, part nurture. Sure you can teach someone how to take care of their money but I think a lot of people's personalities dictate how they handle their money. You can give some people a million dollars and they will end up broke regardless. |
|
|
|
Post by bxjetfan on Jul 26, 2017 10:12:22 GMT -5
You ever wonder why kids don't get a class or classes in responsible money management in high school? It's because if they did they would all vote republican/conservative going forward. We can't kill the golden goose you know.
|
|
|
|
Post by Trades on Jul 26, 2017 10:22:26 GMT -5
You ever wonder why kids don't get a class or classes in responsible money management in high school? It's because if they did they would all vote republican/conservative going forward. We can't kill the golden goose you know. They do in my kid's school. |
|
|
|
Post by Trades on Jul 26, 2017 10:23:07 GMT -5
Money management is something that should be learned and practiced at an early age. Parents play a big part in this. Parents need to teach their children how to properly manage money, but the parents also need to know how to do it too. A lot don't. It really is amazing how clueless so many people are when it comes to money and living within their means. I think this is part nature, part nurture. Sure you can teach someone how to take care of their money but I think a lot of people's personalities dictate how they handle their money. You can give some people a million dollars and they will end up broke regardless. Just like there are people you can give $10 to and they will be rich again in a short matter of time. |
|
|
|
Post by bxjetfan on Jul 26, 2017 10:38:08 GMT -5
You ever wonder why kids don't get a class or classes in responsible money management in high school? It's because if they did they would all vote republican/conservative going forward. We can't kill the golden goose you know. They do in my kid's school. It wasn't meant to be a blanket statement. Your kids school is the exception not the rule. Good for your kid though. |
|
|
|
Post by Frank Reynolds on Jul 26, 2017 10:54:33 GMT -5
You ever wonder why kids don't get a class or classes in responsible money management in high school? It's because if they did they would all vote republican/conservative going forward. We can't kill the golden goose you know. I agree that kids should be taking these type of classes in school. It might actually be something they remember and use instead of 99% of everything else they're taught that goes in one ear and out the other. But i really don't think teaching kids certain tools will have much of an effect on how they vote in the future. There are plenty of things that influence someone's vote. Money is just one aspect. A big one, but only one. |
|
|
|
Post by DDNYjets on Jul 26, 2017 17:00:16 GMT -5
Classic.
|
|
|
|
Post by JetRepulsion1 on Jul 27, 2017 0:26:22 GMT -5
You ever wonder why kids don't get a class or classes in responsible money management in high school? It's because if they did they would all vote republican/conservative going forward. We can't kill the golden goose you know. I agree that kids should be taking these type of classes in school. It might actually be something they remember and use instead of 99% of everything else they're taught that goes in one ear and out the other. But i really don't think teaching kids certain tools will have much of an effect on how they vote in the future. There are plenty of things that influence someone's vote. Money is just one aspect. A big one, but only one. Frank - when I was a kid back in the 80s I had a social studies teacher who had the class as a whole invest in a stock. We all put in 10 bucks or whatever and did research together and picked a stock - ended up choosing Disney (my suggestion) and we wayched the price movements each day in the paper and saw it go up and recieved the dividends and at the end of the year we sold it for a profit. It was an invaulabe lesson that I still remember to this day. Taught me about the stock market and the prudent way to have your money grow. |
|
|
|
Post by Trades on Jul 27, 2017 7:21:08 GMT -5
I agree that kids should be taking these type of classes in school. It might actually be something they remember and use instead of 99% of everything else they're taught that goes in one ear and out the other. But i really don't think teaching kids certain tools will have much of an effect on how they vote in the future. There are plenty of things that influence someone's vote. Money is just one aspect. A big one, but only one. Frank - when I was a kid back in the 80s I had a social studies teacher who had the class as a whole invest in a stock. We all put in 10 bucks or whatever and did research together and picked a stock - ended up choosing Disney (my suggestion) and we wayched the price movements each day in the paper and saw it go up and recieved the dividends and at the end of the year we sold it for a profit. It was an invaulabe lesson that I still remember to this day. Taught me about the stock market and the prudent way to have your money grow. There are also tons of simulators on the market that use real stock prices that schools could use. Too busy teaching PC nonsense. |
|
|
|
Post by DDNYjets on Jul 27, 2017 8:19:59 GMT -5
Unfortunately this is one of Obama's legacies Trump can never flush down the toilet.
|
|
|
|
Post by DDNYjets on Jul 27, 2017 8:37:01 GMT -5
|
|
|
|
Post by Raoul Duke on Jul 27, 2017 9:32:44 GMT -5
|
|
|
|
Post by DDNYjets on Jul 27, 2017 10:23:52 GMT -5
Tanking? We were born in the tank. Bring it on. |
|
|
|
Post by Frank Reynolds on Jul 27, 2017 11:40:18 GMT -5
I agree that kids should be taking these type of classes in school. It might actually be something they remember and use instead of 99% of everything else they're taught that goes in one ear and out the other. But i really don't think teaching kids certain tools will have much of an effect on how they vote in the future. There are plenty of things that influence someone's vote. Money is just one aspect. A big one, but only one. Frank - when I was a kid back in the 80s I had a social studies teacher who had the class as a whole invest in a stock. We all put in 10 bucks or whatever and did research together and picked a stock - ended up choosing Disney (my suggestion) and we wayched the price movements each day in the paper and saw it go up and recieved the dividends and at the end of the year we sold it for a profit. It was an invaulabe lesson that I still remember to this day. Taught me about the stock market and the prudent way to have your money grow. We actually did that too. I forget which grade it was, somewhere in middle school during the early or mid 90's, but we did the same thing. We all picked two stocks each and the winner won a prize when the project was over. It's actually one of the few things i remember doing in school back then. The rest is a blur, but that was a good project. I still remember the stocks i picked too. These are the types of things kids should actually be doing instead of just memorizing things, taking tests, and completely forgetting everything by the weekend. Tools you can actually use in life. |
|
