Are financial literacy classes really needed?

[Clavicus Vile]

Just don’t spend money on non important stuff until you have more than enough to cover the expenses. And always save more than you spend.

You don’t have to be a nigger cheapskate but you also don’t have to buy everything, and you definitely should be saving more than you put out.

But 100% when you do spend, make sure you always get your money’s worth for what you bought.

The rest just boils down to how much money you’ll be making.

 

[Todd Thundercock]

Yes. I've been saying forever that schools should be teaching them. Financial literacy is far more important than most things taught in school.

It's amazing how stupid many people are with money.

But, there's an obvious reason why financial literacy isn't taught...

 

[FastBlast]

But, there's an obvious reason why financial literacy isn't taught...

 

[Justanotherbloke]

This is the kind of reductive thinking that keeps people broke. 'Just don’t spend on unimportant stuff' ignores the reality that most people have no framework for determining what's important financially, because they’ve never been taught. The average NPC doesn’t understand compound interest, debt structures, asset classes, inflation etc. Perfect example are the Maga idiots yelling 'more tariffs', having 0 clue how they work and what the consequences will be. Telling them to 'just save more than you spend' is like telling a drowning man to just swim. Financial literacy classes are necessary because instincts alone aren’t doing it.