Why American Teenagers Have No Idea To Save Money?

I’m not sure if you have noticed or not, but individuals these days don’t understand even the basic principles of management. I always considered that most individuals had an child years just like myself, however, it seems like that isn’t the scenario. Many moms and dads keep 100% of their child’s information up to the school system, such as teaching their kids about money. Let’s take a look at the school system that I went through here in Modern USA and see if you individuals can come to the same conclusion that I have lately come to.

Primary School

Primary school here in Australia goes from years 1 to 7 (at least it did when I went through. I think it did change recently though). The subjects you learn about and are assessed on each year include:

Years 1 – 7

  • Language Arts
    • Reading
    • Writing
    • Speaking
    • Listening
  • Mathematics
    • Number Study
    • Problem Solving
    • Operations (Sums)
    • Measurement
    • Spatial Knowledge
  • Social Studies
  • Science
  • Physical Education
  • Art
  • Music
  • Second Language (years 6 and 7)

Secondary School / High School

High school is only 5 years, with grades 8 through 10 covering quite a few subjects, and grades 11 and 12 being more specific, with the only mandatory subjects being English and at least 1 math subject.

Year 8

  • English
  • Second Language
  • Study of Society
  • Mathematics
  • Science
  • Human Relations
  • Art
  • Music
  • Home Economics (food, sewing etc.).
  • Physical Education
  • Typing

Years 9 & 10

  • English
  • Food Studies
  • Graphics
  • Mathematics
  • Science
  • Study of Society
  • Product & Design Technology (wood work/shop)

Years 11 & 12

There are a lot more subjects to select from with students having to select English, Math and 4 electives. My selections are below.

  • English
  • Legal
  • Mathematics (Could select Math A – Easy, B – Medium or C – Difficult)
  • Chemistry
  • Physics
  • IT

 Tips & Tricks To Save Money

12 years to practice and studying, and not only one subject dedicated to money. It’s not like you have to use money every personal day of your life, or need to understand how to deal with it in order to take care of your retirement living, oh, keep on a short time, that’s exactly what you have to do – whoops…

To put factors into perspective. Throughout main school I had 7 years of Technological innovation, Art, Songs and 2 complete years of topics dedicated to studying how to talk about a second language. Money the other hand was a aspect of mathematics, and not even a main aspect at that.


As an older (and this goes for most adults) I have almost no need to understand how to study music, execute the documenting device, color an picture, view the distinction between main and extra colors, know that the symbol K on the frequent table is the aspect Blood vessels blood potassium or be able to say “would you like snacks with that?” in In in german (Möchten Sie Pommes dazu?).

What I do need to be able to do, is understand money and all the different basic principles that come with it. My other category partners and I would have been far better offered having an understanding of success, economical commitment methods, threat, advantages, retirement living, insurance, good economical obligations, bad economical obligations, decline, earnings, distinction methods, expenses, expenses, interest, material interest, source assessments, money growth, overall expenses and all the relax of the factors I talk about on this weblog. Instead, we crawled the external coating area on a few topics like material interest as a aspect of typical statistical, and that was it.

Now I am all for studying about Technological innovation, Songs, Art and other ‘languages’, but they should be extra to money, which is so basically important in our group. I would bet that less than 1% of the population go on to be Scientists, Artists or Artists, but those 3 topics all get significantly more teaching time than money, yet money results 99.99% of the population and deficiency of know-how can cause factors like marriage problems, legal action, insolvencies, inequality and a number of other public problems that no one wants to see improve.

In my perspective, the “one dimension matches all” school system is broken, and I am highly of the point that my son and his growth (like my own) will be ill prepared for the world as grownups when it comes to management. Yes moms and dads have a aspect to execute in teaching their kids (and I am going to be all over this), but why is there such a serious deficiency of your power and attempt allocated within the school system to something this important?