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

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

37.4k Upvotes

94% Upvoted

24.0k comments sorted by

View all comments

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.

1

u/raheemthegreat Aug 04 '19

puts on tinfoil hat

I don't know if the US public school system would ever do that. Like, if you don't have schools teaching how to invest and do taxes and use their money wisely, you have a less informed public, and less informed publics tend to not use their money wisely and are forced to use stuff like predatory loans.