I recently left high school unprepared for how finances actually affected me.
I had no idea what a IRA was, what a credit score was, how stocks and mutual funds worked, how to finance a car, how retirement works, how insurance work, or even how to effectively use a credit card to gain better credit and because of this I have slowly watched my friends spiral into debt not having an effective plan for the future.
I believe that having personal finance would help kids to understand how money effectively works in their own lives instead of just a bigger picture such as economics and I hope you agree.
Thank you for taking time out to read this and if you do agree please sign the petition.
I suggest making personal finance a high school requirement to teach kids some of the following:
1) The Importance of IRAs
2) How to Invest Responsibly
3) How Credit Scores Effect Your Financial Life
4) How Insurance works
5) Why Saving is Important
6) Ethical Consumerism
7) Making Budgets
8) Understanding how Taxes Work
9) Understanding the Importance of Keeping Records
10) Privacy in the Internet Age
11) How to Write Effective Wills
12) How to Write Renter's contracts
13) How to Start a Business
These are issues that every American has to go though in the course of their lives, giving them the tools to not make mistakes is vital for the health of America's economy.
Please make personal finance a high school requirement.