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"Financial literacy" is victim blaming. Our economic system doesn't need to be this complicated. You're forced to invest or else your savings are destroyed by inflation. But these investments all involve trusting various institutions, and you have no way of knowing which ones are safe. Oh and don't put it all in one place; you need to find multiple solutions. By the time you're old or disabled, it's your fault you're in this mess.
Our economy is essentially forcing the public at gunpoint to make a prediction about topics they know nothing about. It's a design not for the humans who exist, but for perfectly informed spheres.
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Just an observation from a mathematician: I’ve never heard this comment from someone who was competent in high school maths. Whenever I mention that I’m a mathematician and someone responds how they “never got on” with maths, usually the next thing to leave their mouth is some gripe about financial literacy.
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This is stupid.
In school they had us practice recorder in ghe 4th grade, ages 9/10. I took accounting in highschool, ages 16/17.
We did both. Not only did we do both, these two lessons were taught at very different stages of education.
Came here to say this, we also learned recorder in 4th grade. If you tried teaching 4th graders about trading securities derivatives you’d have a riot on your hands in less than 5 minutes lol.
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Why not both?
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Now they don't do either.
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What's wrong with teaching music in school? I never got on with it, but some of my classmates genuinely loved it. And now that we're adults they aren't professional musicians by any stretch of the imagination, but they still enjoy playing just for the fun of it or as a hobby.
Few people I know do financial literacy as a hobby, no judgement though if that's what helps you unwind after a day at the office.
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Came here to say this, we also learned recorder in 4th grade. If you tried teaching 4th graders about trading securities derivatives you’d have a riot on your hands in less than 5 minutes lol.
Exactly. I also had the thought, if you breakdown music composition, it's basically math. Music is math.
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I learned this in like the third grade. I don’t think a third grader can be taught financial literacy.
But the fact that I didn’t learn anything about loans or credit scores in high school is bad, yes.
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Yeah let’s teach 4th graders that read at a 2nd grade level and struggle with multiplication economics, this seems rationale
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What's wrong with teaching music in school? I never got on with it, but some of my classmates genuinely loved it. And now that we're adults they aren't professional musicians by any stretch of the imagination, but they still enjoy playing just for the fun of it or as a hobby.
Few people I know do financial literacy as a hobby, no judgement though if that's what helps you unwind after a day at the office.
wrote last edited by [email protected]I’m pretty sure this is a song lyric from “the poor”, by Jesse Welles.
“I was memorizing capitols
I was in the spelling bee
I must've missed the part
Where they taught the art of private equity
I was selling chocolate bars
I had a disorder
I was cuttin' up a frog
Got lost in the fog
Learnin' how to play a recorder
“
I don’t think it’s supposed to be a slam against musical instruments.
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As many comments pointed out already, in the USA we usually learn to play the recorder in 3rd grade. It's not exactly an age where it makes any sense to try and learn how home mortgages work.
Though, I very much recall having some basic "personal finance" education in elementary school. It's the age where you are learning about currency denominations. How many quarters, dimes, etc. to make a dollar.
When I was in high school we were all required to take an "Economics" class where they did try to cover balancing a checkbook and basics like that. I just don't think most kids paid much attention. I know I didn't.
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Came here to say this, we also learned recorder in 4th grade. If you tried teaching 4th graders about trading securities derivatives you’d have a riot on your hands in less than 5 minutes lol.
trading securities derivatives
The fuck would you ever teach them that for?
They're 10 years old not idiots, they can learn through age appropriate skills such as budgeting and decision making - which can be made into a fun game as can almost anything you want to teach.
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Yeah let’s teach 4th graders that read at a 2nd grade level and struggle with multiplication economics, this seems rationale
Gee sounds like they're the sort of people desperately in need of these lessons.
But hey lets teach 4th graders that read at a 2nd grade level and struggle with multiplication how to blow into a piece of plastic that's going to end up in landfill in 12 months time.
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The recorder is not what was stopping them from teaching your finance.
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Exactly. I also had the thought, if you breakdown music composition, it's basically math. Music is math.
And numerous studies showing the growth in other subjects when music is (actually) taught in elementary. It is crossing the streams, so to speak.
It is also what makes us human, not robots.
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Yeah because my elementary school teacher was crushing the market
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And numerous studies showing the growth in other subjects when music is (actually) taught in elementary. It is crossing the streams, so to speak.
It is also what makes us human, not robots.
wrote last edited by [email protected]I once saw a study where they did a brain scan on someone while playing music. The results were fascinating. I'm bout to double check it's been so long, but I'm near certain it lights up all parts of the brain. Something amazing happens when we play music. It absolutely is a core human experience.
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As many comments pointed out already, in the USA we usually learn to play the recorder in 3rd grade. It's not exactly an age where it makes any sense to try and learn how home mortgages work.
Though, I very much recall having some basic "personal finance" education in elementary school. It's the age where you are learning about currency denominations. How many quarters, dimes, etc. to make a dollar.
When I was in high school we were all required to take an "Economics" class where they did try to cover balancing a checkbook and basics like that. I just don't think most kids paid much attention. I know I didn't.
Timmy, your teacher sent you to me because you opted not to disclose the liquidation of a foreign capital asset on your mock corporate tax filing, and instead paid the balance of sale out to yourself as a bonus and tried to hide this behind artificially depreciating the asset at an accelerated pace to make it appear as though there was no gain on sale. You're going to sit here until you can properly explain yourself, no capri sun or snack packs until I get answers!
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Exactly. I also had the thought, if you breakdown music composition, it's basically math. Music is math.
Techno is accounting
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The goal of schools is not to prepare you for capitalism. Luckily, they're one of the few institutions that are still concerned with human values beyond money.
You could argue it would be valuable, from a practical sense, to additionally offer classes on personal finance, sure, but it's abhorrent to use music lessons as a mocking point or suggest that somehow the school should teach finance instead of all other subject matters.
