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Author: VodounGroove Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 311074  
Subject: Re: Credit Card for teenagers Date: 10/15/2003 4:49 PM
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It was a good education, but I don't see anything wrong with having personal finance as an elective in high school.

Heck, make it mandatory. And one in college, too.

I spent a semester in HS at a school that had a series of "minimum competency" tests every student had to pass in order to graduate. And for the juniors and seniors, you had to finish them to get your class privleges (did I spell that right?) like off-campus lunch, or being able to leave early or come in late if your first or last class was a "free mod." You could retake as many times as you needed, and there was tutoring available to help you prepare for each one. You'd just go during homeroom or a free mod to get help or take a test.

One of the tests covered things like basic insurace (what's "liability" and such), how to write a check and maintain a ledger, the difference between simple and compound interest, etc.

*I thought the tests were easy, and killed off 1 or 2 a week until they were done*
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