[frellus]

We need to stop thinking like this for sure. Good advice is good advice, regardless of where it comes from.

The key lesson kids need to learn is to avoid debt and live within their means. Now-a-days every business has decided there is more revenue in pushing their individual debt platforms rather than their products. Go into the Gap, and the staff is heavily incentivized on pushing "Gap Cards", but not on actual product sales.

I won't get into a religious debate on if all debt is bad, but it is a fact that without financial awareness this is the #1 problem facing households today, spending above their means and having "bad" debt dragging down their wealth building.

At an early age I pointed out to my kids, as we went through a store cashier, the signs about "get a <x> card for savings" and brainwashed them that those are traps. They are now in college, everything is cash flowed, and they will not have a credit card in their name (in fact their credit is locked).

"But how will they be able to afford a house and get a loan if they don't have a credit score?!" -- by saving and investing their money instead of spending it with pieces of plastic. Loans can be given with manual underwriting. Cars can be bought with cash following simple rules.

Aside from all that though, just teaching AWARENESS and intentionality from a personal finance class will carry on beyond the class. Having awareness of spending (i.e. "Can I afford this?"), followed by intentionality ("I'll save $500 for the next three months and then buy it, instead of paying payments. I can wait!"), followed by planning (i.e. budgeting), and you have someone who is going to be successful and build wealth.