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Author: PSUEngineerFool Big funky green star, 20000 posts Top Favorite Fools Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 883925  
Subject: High School Class Date: 7/24/1998 1:09 PM
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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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