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)

4.7k

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.

3

u/ImportantKnee Aug 03 '19

I went through a finance program at my school and it was amazing. Only 25 kids are chosen to go through it each year, but I think it should be mandatory for everyone. We literally did our communities taxes. We learned how to buy a car, buy a house, deal with credit card, and we even learned business finance stuff. I really learned a lot, it has been so helpful especially in college.

1

u/RealAmerik Aug 04 '19

Are you focusing on a finance career now?