Why Little Johnny and Mary Struggle Financially As Adults
Posted on May 4, 2010 - Filed Under Success Tips Articles | 1 Comment
Another school year is almost over and millions of young people have sat through classes that focus on how to get a job, but fail to teach them how to handle the money they will earn. As a result the vast majority will go through life struggling to make payments on debts they probably wouldn’t have if they were taught how to manage their money and avoid the devastating effects of consumer debt. I don’t fault the teachers, I blame the system.With all the money spent on education, why is it so rare to find high school graduates who know anything about consumer mathematics? We turn out students who can plot the course of a rocket to the moon, but can’t balance a checking account, reconcile a credit card account or know that loan payments consist of principal and interest. Why is so much emphasis placed on preparing young people for college and so little effort made to teach them how to prepare a budget, pay bills and run a household?
Read More..>>Chat Transcript – May 3, 2010
Posted on May 4, 2010 - Filed Under Chat Transcripts | Leave a Comment
Dwayne_Wiseman Charlie, Good evening. How is the weather in SC?
Dwayne_Wiseman Hi Mike.
Mike_Summey Hi Dwayne & Charlie
Mike_Summey Hi Rudolph
RudolphtheRed Hi Mike. How are you doing?
Mike_Summey Hi SJ
sj Hi Mike
Mike_Summey Looks like we’re getting a few people in early tonight.
CHARLIE HI MIKE
Mike_Summey SJ or Rudolph, if you have a question for Dwayne before the room gets crowded, you may want to ask him now.
Mike_Summey Hi Charlie
sj lots of interest in your guests tonight!!
