My kids did my taxes this year

More kids should be exposed to the straight facts of the family's finances.

Dude, this so much. Growing up I never really knew the value of money, or how much my parents spent each month to provide the lifestyle we had, how taxes were handled, or anything! The only thing I really knew about was the amount of rent we paid each month at the last house we loved in. Having been involed in my parents finances is truly something that would've helped me out tremendously in becoming an adult.

It also helps with learning the value of money, if I had been told growing up that I couldn't have xyz because we don't have extra money, or we're trying to save and here's why, it would have made me grasp the concept of money so much better. Instead it seemed like it was always a no. I'm sure most parents don't want to burden their kids with knowing how tight their budget is, but at some point you have to realize this kid asking for a new car at 16 will becomes an adult who is going to live on their own in 2-4 years.

It also strikes me as odd that, at least at my high school, we never were required to take a personal finance or really given solid information on the fact that college is an investment, and it actually costs a shit-ton of money. Everyone is just like "if you wanna go to this fancy expensive private school, you can do it!", like yeah but I'll be neck deep in debt forever and then some.

And then budgeting? nothing. Man, that shit is important. You can't tell me that how to handle money and be smart about your budget isn't something important enough that doesn't need to be taught. Shit, everyone uses and spends money, it's like the most consistent day to day thing everyone uses! I get that all the core classes are important, but shit what if you never go on to even use any of the math, science, or history that is taught?! Even the minimum wage workers need to learn financing who won't utilize the core classes will need to know how to budget ajd finace properly and it's probably even more important That they know how to do that shit! They only make $1,200 a *month*, come'on...

/r/personalfinance Thread Parent