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Author: katiewa Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75383  
Subject: Re: The 401(k) World Date: 5/3/2013 11:29 PM
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The average person can't balance a checkbook and has no idea of what compound interest is.

But we aren't talking about people who are mentally disabled--they are capable of learning. So they didn't think math was important when they were in high school--doesn't mean they can't learn it now. I had never balanced a checkbook until I got out of college--no money, no checking account. I followed the directions that came with each statement.

Maybe I'll offer a Basic Concepts of Personal Money Management for community ed next fall. And incorporate more of that topic into my Beginning Excel class.

Kathleen
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