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The Water Cooler
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Any credit gurus here?
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<blockquote data-quote="nofearfactor" data-source="post: 2713879" data-attributes="member: 1535"><p>Amen. Ive never understood why it isnt as important to teach children about money management in school as giving them a healthy lunch, building a strong body, along with learning math, English, science, etc. We have taught our kids as best as we could, same as my parents, but like my parents we have worked long hours and we just couldnt teach them everything that maybe a class in school could have helped with. I do remember taking a consumer math class or economics class or whatever they called it in the mid 80s, but I was already a junior in high school by then and working a part time job and was just padding my schedule at that point with easy classes. Out of my 3 kids and my wifes 2 kids luckily we only have 2 who cant get it and 3 who are doing well with their money at such young ages. The 3 are in college and either in relationships or married, and as you can probably figure its the 2 youngest who suck at taking care of their money- my youngest daughter and my wifes son. We have had many talks with all of them about money management along with help from their grandparents, my mom is a retired banker and stepfather is a retired school superintendant and my wifes mother is a retired accountant, but those 2 just have trouble with it. I have no doubt though that eventually they will get it same as me and their mother, I just wish they could have taken some class early in life to help us out with it. After they leave home for college or whatever its hopefully not going to be too late to help them, at least before the credit sellers have gotten to them.</p></blockquote><p></p>
[QUOTE="nofearfactor, post: 2713879, member: 1535"] Amen. Ive never understood why it isnt as important to teach children about money management in school as giving them a healthy lunch, building a strong body, along with learning math, English, science, etc. We have taught our kids as best as we could, same as my parents, but like my parents we have worked long hours and we just couldnt teach them everything that maybe a class in school could have helped with. I do remember taking a consumer math class or economics class or whatever they called it in the mid 80s, but I was already a junior in high school by then and working a part time job and was just padding my schedule at that point with easy classes. Out of my 3 kids and my wifes 2 kids luckily we only have 2 who cant get it and 3 who are doing well with their money at such young ages. The 3 are in college and either in relationships or married, and as you can probably figure its the 2 youngest who suck at taking care of their money- my youngest daughter and my wifes son. We have had many talks with all of them about money management along with help from their grandparents, my mom is a retired banker and stepfather is a retired school superintendant and my wifes mother is a retired accountant, but those 2 just have trouble with it. I have no doubt though that eventually they will get it same as me and their mother, I just wish they could have taken some class early in life to help us out with it. After they leave home for college or whatever its hopefully not going to be too late to help them, at least before the credit sellers have gotten to them. [/QUOTE]
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