[yed]

> One thing that school doesn’t teach you (not even high school) is how to manage your personal finances.

Can we stop with this myth? Most states require financial literacy courses to graduate. The reason it feels like it isn't happening is because it's boring and most just don't pay attention or absorb the lessons.

[tianreyma]

> Most states require financial literacy courses to graduate.

Prior to 2020 only 8 states required a standalone financial literacy class. So a good percentage of people from the US on here probably didn't have to.

There were also states that had it integrated with another course but I'd question if they were any good. My state was like that and all we did was a 2 week project where we pretended to trade stocks starting with $1k. Which didn't even include things like dividends, short vs long term capital gains tax, etc...

We weren't taught basic things like budgeting, planning for emergencies, how loans and interest work, how taxes work, how credit scores work and affect you, etc...

[alias_neo]

> Most states require financial literacy courses to graduate

What's a state? Pretty sure we don't have those here.

Even if it was true for America (probably not), it certainly isn't true for the entire rest of the world.

Maybe they should be teaching Geography.

[yed]

My mistake, it's just such a common trope in the US I didn't realize it was a universal complaint. It is true for US incidentally, people generally don't remember it because a) the learning and real world practice are too far removed b) people often are poor with finances regardless of knowledge.

[gricha2380]

Your point is true in the USA, but the author appears to be from Paraguay.