Why Are Children Not Taught in School About Money?
16/11/2011 20:37
Do you ever wonder why money is not taught in elementary school? I think it is very unfortunate that our school system does not teach real world132-S-715.2 experiences when it comes to money. I have my own theories in why this is not done, but we must make sure that we teach our children about money and how to manage it.
If you are sending your children to public school, there is only so much you can do. You can go to this public school and ask if personal finance is taught at the elementary school. If so, what age do they start teaching it? If it is not, why do you not teach it and when will you start? These are all questions you must ask schools on an individual basis.
If your child is attending private school, you have much more control over what they learn and when they learn it. Go interview the private schools around your home and see which ones teach personal finance. When you do find some that teach it, though sit in on one of the classes to learn what is being taught to children. After all, this is what your child will learn and take with them for the rest of their lives.
Robert Kiyosaki has a game called Cashflow for Kids. Slowly, this132-S-720.1 game is making it around into school systems across the United States. Their different ways to accomplish what this game teaches, but the goal is to teach children the real world experiences about how to manage money. it you give them real examples and let them choose which profession they want to become and then teach them how to manage the money they make properly. You will discuss with them how to run Apartments, what taxes are, how to create a monthly budget, what all of your basic bills each month are, etc.
Many parts of the school system argue that teaching financial literacy to children is the parents job. While I totally agree with this, I still asked the question, if so much of a child's time is spent in school, why would you not cover one of the most important subjects that you possibly could? This does not make any sense and does not fall under the category of common sense. Parents should not be relieved of duty to teach their children about money, that they must have good money managing habits to start with before they can teach someone else how to have. If parents do not have good money 132-S-732.2 managing habits, it is best they learned in school. We teach children about sex education in elementary school, so why not money?
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