Article: Why has the personal savings rate declined so dramatically?

Lack of education around finances?

Hmm I don't know if I really buy into this reason. I mean I don't think any of us were taught this stuff in school, and yet, here we are.

And there are subjects that I was taught in school that I have almost no recollection of today. For example, I know I got an A in Geometry but I couldn't tell you shit about it now.

Should Personal Finance be a part of the high school curriculum? Yeah, probably. But would this actually solve the problem? I'm not sure. You can teach kids to "Just Say NO" (to drugs and alcohol) in high school but does that actually mean they'll stay sober once they get to college?

/r/financialindependence Thread Parent