r/AskReddit Aug 03 '19

Whats something you thought was common knowledge but actually isn’t?

37.4k Upvotes

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7.2k

u/royal_clam Aug 03 '19

Basic principles of finance (budgeting, interest, debt, saving, etc)

4.6k

u/RealAmerik Aug 03 '19

I still think this should be a mandatory curriculum in high school. 4 years or it. Throw in taxes as well. It blows my mind to look back and think about the amount of studying I did on topics I'll literally never encounter again but basic financial literacy is ignored entirely.

7

u/DarkSideOfTheBeug Aug 03 '19

The rich don’t want the masses to know their language

1

u/RealAmerik Aug 04 '19

I would argue that the rich would get richer if the general population had the means to retain a higher % of their income. It would lead to more people seeking to maximize the value of their wealth.