Why Don’t We Teach Personal Finance in School?

REQ1

2When I was in grade school they would constantly teach “stop, drop, and roll”;  I was put under the impression that through life I would frequently be fully on fire.  You know, just casually walking to the store – batting out flames.  When I was in grade school, they would teach us how to dissect a frog corpse; I took it as a sign that as I grew older I would often have to point out frog intestines in order to collect a paycheck.  When I was in grade school there were things that they failed to teach – not once in my 17 years of schooling was I presented with a Bank of America home loan, or a tax form, or even a checkbook.  Americans as a whole can fill out a loan application in perfect cursive, but they have no idea what APR stands for.  Why is personal finance not taught as a requirement, but dodge-ball is?  Fat people will eat no matter how many times they get stung with a red sphere cutting through the air like a bullet in water.  It’s a lost cause to require gym, but personal finance isn’t.  People wonder why there was a mortgage and loan crisis in 2008, when people where using adjustable rate mortgages to buy homes they couldn’t afford.  You have a guy that can surgically remove a frog’s butt hole, but he’s in $450,000 of debt because he was never quizzed on Bank of America’s tom foolery.  It’s insane.

This article was written by Hugh Honey. Vic Vinegar is now finished.

Be first to comment