Matt wrote: >Perhaps there should be a "fundamentals of >finance" class as part of basic education. >A class to discuss these things, as well >as loans (credit cards, auto loans, mortgages, >etc.) and the various savings and investment >tools, such as money markets, stock trading, >CDs, foreign currency exchange, etc.) that are >around, how they work, and what the risks and >rewards are for each of them.
We covered all of this in my high school economics class. Maybe not in great detail, but we at least got a basic overview of what each thing is and generally how it works. Unfortunately many kids go to schools where economics is not even offered. I went to a magnet high school in Kansas City, KS, and it was the only school in the district that offered economics -- and the school felt it was important enough that it was a required class for all students. I'm gonna go out on a limb and say that I think at least a basic economics class is a necessity for every student in a country with a capitalist economy. Reggie Bautista _________________________________________________________________ Join the world�s largest e-mail service with MSN Hotmail. http://www.hotmail.com
