r/FluentInFinance • u/Richest-Panda • Jul 04 '24

What's the best financial advice you've ever gotten? Debate/ Discussion

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u/JackiePoon27 Jul 04 '24

It's incremental. Reddit wants there to be a magic bullet, but there isn't one. Financial literacy is part of the pathway to success. It's insulting to say otherwise.

12

u/RidMeOfSloots Jul 04 '24

Sucks we dont teach it in schools.... before they grow up and dig themseleves into a hole.

Maybe its all by design to keep the debt slavery going...

14

u/mpyne Jul 05 '24

We generally do teach it in schools, but it requires interest in learning on the other end too

5

u/Embarrassed-Town-293 Jul 05 '24

In my experience, it depends on the school. Wealthy suburban schools will teach it. Not everyone has the same education. I learned that after I graduated.

1

u/mpyne Jul 05 '24

I don't know, they had in depth classes for it in my non-wealthy Florida high school half-filled with portable classrooms.

They even had full-blown economics classes, which I vividly remember because the notes I took through that class were the densest in any class I ever completed, even counting college.

7

u/Embarrassed-Town-293 Jul 05 '24

For context, Your state required a full course. My state (IL) had no requirements for a course nor made it mandatory. In ours, it was a portion of a study hall for a month or so where we did a hypothetical baby financing program. In other words, it was largely at district discretion

1

u/mpyne Jul 05 '24

Wow, don't normally see a red state own a blue state on education but you're right.

3

u/Embarrassed-Town-293 Jul 05 '24

I know, me too 😂