• kadu@lemmy.world
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    7 days ago

    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.

  • Lushed_Lungfish@lemmy.ca
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    7 days ago

    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.

    • Openopenopenopen@lemmy.world
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      7 days ago

      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.

  • attempt@lemmy.world
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    7 days ago

    Yeah let’s teach 4th graders that read at a 2nd grade level and struggle with multiplication economics, this seems rationale

    • JcbAzPx@lemmy.world
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      7 days ago

      At the same time we’re teaching them the value of coins, we should be teaching them simple budgeting. Only need addition and subtraction for that.

    • Deceptichum@quokk.auOP
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      7 days ago

      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.

  • explodicle@sh.itjust.works
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    7 days ago

    “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.

  • hperrin@lemmy.ca
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    7 days ago

    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.

  • Seeker of Carcosa@feddit.uk
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    7 days ago

    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.

  • Rose@slrpnk.net
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    6 days ago

    So you’ve tried art, and discovered it’s not for you. That’s still better than not having tried art at all in first place. You at least know where you stand in regards to that question now. …Or at least I hope so.

  • PieMePlenty@lemmy.world
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    6 days ago

    I never learned an instrument (schools don’t teach that here unless its of your own volition) and its not that I’m financially illiterate, I just don’t trust anyone with my money. So, I guess knowing how to play a flute or some bullshit like that would be net positive.

    Guess I’ll keep on whistling while my money slowly becomes worthless.

  • jaupsinluggies@feddit.uk
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    7 days ago

    To be fair though if someone can’t count up to four then financial literacy probably isn’t in their future.

  • Soapbox@lemmy.zip
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    7 days ago

    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.

    • OrteilGenou@lemmy.world
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      7 days ago

      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!