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On several thread, there is discussion about the need to teach investing in high school. I don't think this would be helpful until a class on daily living and budgeting is taught.

I am going to tell you about a class I had in high school (1982) that I think is a good blue print for developing similar classes.

In this class, the teacher would pair up each male and female into "married" couples. You would spin a wheel to see what salary you earned, between $10,000 to $15,000. Each couple would have an egg that would represent a kid. For a week, the "mom" or "dad" would have to carry the "kid" everywhere you went 24 hours a day for a week to show what a committment a kid can be. I recall a funny situation where a basketball player and cheerleader were paired. They had to hire the principle to "babysit" during a game.

The teacher also required each couple to form a budget. He made sure each couple accounted for apartment rent, car payment, clothing, food, utilities, gifts, and other things required of daily living. Each couple also had to fill out a tax form.

He also had each couple develop a list of food needed for a household and planned dinners for a week. He had each couple go to the grocery store and price each food item and include the total in the budget. Each couple was taught to balance a check book.

I think it was great that he taught about budgets, taxes, and responsibility for kids. Investing advice would be nice, but these things come first.
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