Taking a series of courses on money management should be a required part of obtaining your high school diploma. Too many kids graduate without a clue as to how to balance a checkbook, how to avoid debt, how to get out of dent, etc. It seems to me that for the most part, “The Man” is perfectly ok with our school systems producing future credit card slaves and expecting young ones to pick up Money Management basics on their own, or through their parents–who may be just slightly less ignorant.
How do we as a culture expect to plug the holes of our nation’s sinking economic ship when we don’t do enough to educate our kids on money management, etc.?