- Joined
- Jul 24, 2011
- Messages
- 59,669
- Reaction score
- 51,716
- Location
- Georgia
- Gender
- Male
- Political Leaning
- Slightly Liberal
Given most time in public schools is wasted,
I would suspect there is some opportunity to teach finance.
Given most time in public schools is wasted,
I would suspect there is some opportunity to teach finance.
In theory it's a good idea. I have doubts about the content of the bill. Will it talk about the importance of tithing or making political donations?WESLEY CHAPEL, Fla. — Today, Governor Ron DeSantis signed Senate Bill 1054, titled the Dorothy L. Hukill Financial Literacy Act, which will require high school students to take a financial literacy course to receive a standard high school diploma. The legislation will officially become a graduation requirement for students who enter high school in the 2023-2024 school year and will not affect students currently enrolled in high school.
“Financial literacy is an important life skill for a student to have,” said Governor Ron DeSantis. “Ensuring our students have the skills to manage their finances and perhaps one day own a business will pay dividends for our state. I am proud to sign this bill to support the future of Florida’s students and ultimately their families and communities.”
Two common sense pieces out of FL this week.
I'd say if a choice is needed, I'd argue financial literacy should be higher priority than some of the other classes taught. Not that those classes aren't important, but financial literacy is more important than many.
Why would you be sure of that? He's not suggested anything of the kind.Oh....MY.....LMAO!
View attachment 67381829
I'm sure he'd like to require a Magic Sky Man Indoctrination curriculum, and maybe insert Gun Nut Basics 101 in there somewhere as well.
Lets be honest...."academics" is something that folks like Decrapis dont have a whole lotta time or patience for. Ya know how much they hate the Librull Purrfesssirrs, its been well documented many many times.
Math isn't the same as understanding credit ratings and loans. Anyone can do their time tables but how does that make them literate in buying a house and understanding local/state laws for credit regulations?Aren't students already required to take math? Is this another one of those feel-good but completely irrelevant and redundant Decrapis thangs?
Yep, this is something I can support as well. It's scary to see how many people don't have a basic understanding of managing finances and the broader financial environment.I am actually good with this, one of the biggest faults of our public education system is not bothering to prepare students for real life. Money, credit, dealing with Banks, dealing with interest rates, debt, investment, what have you. Assuming the bill makes an impact with this fault I am good to support it.
If the Democrats get their hands on it, there will be sections added on the importance of racial and sexual/gender diversity in investing - the need for white students to invest in black owned businesses, as well as the history of American finance and its racist and patriarchal roots, and don't forget the inherent racism and sexism of the capitalist economy in general - we'll need to include chapters on that. We can spend a day exploring why the saying "opening the kimono" is both sexist and racist. https://www.ellevest.com/magazine/disrupt-money/sexist-finance-termsIn theory it's a good idea. I have doubts about the content of the bill. Will it talk about the importance of tithing or making political donations?
Math isn't the same as understanding credit ratings and loans. Anyone can do their time tables but how does that make them literate in buying a house and understanding local/state laws for credit regulations?
Something akin to "home economics" for home finance would be great. I would want the schools to go over - (a) how is money earned in the US (work, investing, savings, etc.), (b) what is money (currency, metals, the former gold standard, etc), (c) how can we have money (at home, in banks, in investment accounts, equity in businesses, real estate, etc.), (d) basic things like how to open checking and savings accounts, how to balance accounts, (e) how to create a balance sheet and financial statement, (f) calculating interest on accounts, how to apply for and get loans, and the nature of the credit rating system, etc.Math isn't the same as understanding credit ratings and loans. Anyone can do their time tables but how does that make them literate in buying a house and understanding local/state laws for credit regulations?
You sounded very much against it. You referenced basic math to credit and loan/finance learning. As if they are related. You then started calling the governor a name which leads me to believe you just disagree with him no matter what he does. Fair assumption?For the record, I am not against teaching such things as interest rates etc in schools. And that is well covered, at least it was in my state which really is a fairly backward state, and I'm sure its covered in Floriduh too, but this is Decrapis being Decrapis and "requiring" something that already exists.
But its cool, doesnt hurt me any.
If the Democrats get their hands on it, there will be sections added on the importance of racial and sexual/gender diversity in investing - the need for white students to invest in black owned businesses, as well as the history of American finance and its racist and patriarchal roots, and don't forget the inherent racism and sexism of the capitalist economy in general - we'll need to include chapters on that. We can spend a day exploring why the saying "opening the kimono" is both sexist and racist. https://www.ellevest.com/magazine/disrupt-money/sexist-finance-terms
Maybe you could search for the bill and read it rather than sharing your dumb musings.In theory it's a good idea. I have doubts about the content of the bill. Will it talk about the importance of tithing or making political donations?
My question is whether this curriculum is going into social studies, math, or both. Then, what gets cut? Obviously the legislators thought it would work out, otherwise they wouldn't have passed it with bipartisan support.
Florida schools are among the better schools in the nation.For the record, I am not against teaching such things as interest rates etc in schools. And that is well covered, at least it was in my state which really is a fairly backward state, and I'm sure its covered in Floriduh too, but this is Decrapis being Decrapis and "requiring" something that already exists.
But its cool, doesnt hurt me any.
Right, parents should sit back passively while "skilled educators" churn out graduates who can't read at a functional level, struggle to make change for a dollar, and can't tell time from an analog clock. Worse, schoolboard associations conspire with Federal law enforcement to treat parents protesting schoolboard abuses as terrorists.Many parents don't have a clue about lots of things, which is why we're seeing so much hostility at school board meetings as well as book bannings. Uncle Ron, though, he knows best.
We aren't gonna have our teenagers shaking their hips and dancing to the devil's music.GASP! Yes! And men. And teenagers. And graphic sex scenes.
Right, parents should sit back passively while "skilled educators" churn out graduates who can't read at a functional level, struggle to make change for a dollar, and can't tell time from an analog clock. Worse, schoolboard associations conspire with Federal law enforcement to treat parents protesting schoolboard abuses as terrorists.
Asinine comments like these nearly always come from people who have not set foot in a public school since they graduated were dropped out.Given most time in public schools is wasted, I would suspect there is some opportunity to teach finance.
Yes, those are the talking points. Beautifully regurgitated.Right, parents should sit back passively while "skilled educators" churn out graduates who can't read at a functional level, struggle to make change for a dollar, and can't tell time from an analog clock. Worse, schoolboard associations conspire with Federal law enforcement to treat parents protesting schoolboard abuses as terrorists.
I'm more amazed at how many parents can't tell you what their kid is learning.I have a few friends who are teachers and guidance counselors. I was shocked to hear how many people get insanely pissed when a school fails their kid and their kid didn't do or doesn't comprehend the work. It amazes me how many people value a diploma over the education.
High school is still for 14-18 year olds, right? I would think that parents should/would have addressed financial literacy long before high school.
Parenting is a lost art, imo.
Oh, when times were more simple!We aren't gonna have our teenagers shaking their hips and dancing to the devil's music.
Common sense stuff right there. And 1/2 a credit sounds like it will be a part of the year elective.Here is the relevant text of a pretty short bill:
(h) One-half credit in personal financial literacy.—
Beginning with students entering grade 9 in the 2022-2023 school
year, each student must earn one-half credit in personal
financial literacy and money management. This instruction must
include discussion of or instruction in all of the following:
1. Types of bank accounts offered, opening and managing a
bank account, and assessing the quality of a depository
institution’s services.
2. Balancing a checkbook.
3. Basic principles of money management, such as spending,
credit, credit scores, and managing debt, including retail and credit card debt.
4. Completing a loan application.
5. Receiving an inheritance and related implications.
6. Basic principles of personal insurance policies.
7. Computing federal income taxes.
8. Local tax assessments.
9. Computing interest rates by various mechanisms.
10. Simple contracts.
11. Contesting an incorrect billing statement.
12. Types of savings and investments.
13. State and federal laws concerning finance.
High school is still for 14-18 year olds, right? I would think that parents should/would have addressed financial literacy long before high school.
Parenting is a lost art, imo.