Should Teaching Money Management Skills start in School?

US news asked the question this week;

“Will teaching Money Management Skills in School during the recession help students understand the fundamentals?

We at TheAmazingRate believe this current recession is a great time to teach your kids about the lessons of Money Management.  Many surveys and studies have shown American students’ poor grasp of personal finance and have now started teaching the fundamentals of balancing a check book.   Many have no idea how paying the minimum payments on a credit card can push payments up for years.

PayDay Loans can also help free up money for Credit Card payments, or for additional bills.

Taking Online Courses or have students start early with College level courses can help break the gap between real world knowledge and book smarts.

Credit cards

Credit cards

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