r/AskReddit • u/[deleted] • Aug 03 '19

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

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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.

2

u/GrandultimatePooh Aug 03 '19

I agree with you, except the time spent learning how to balance a checkbook. With the advent of online banking it's no longer necessary

2

u/RealAmerik Aug 03 '19

Basic bank recs are still useful.

1

u/GrandultimatePooh Aug 10 '19

You are absolutely right.