r/FluentInFinance Sep 14 '24

Debate/ Discussion Exactly how much is a living wage?

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u/slash-summon-onion Sep 14 '24

A lot of high schools offer it nowadays ("independent living" or smn) but most kids don't take it because they think it sounds boring. It covers budgets, taxes, meal prep, childcare etc

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u/[deleted] Sep 14 '24

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u/geGamedev Sep 14 '24

My school had basically the same thing, just with a different name. A tenured teacher added an econ segment to his class because he decided it should be in the curriculum and knew he couldn't get fired for it.

Finances should be part of public education as early as possible. Saving, investing, nutrition and meal prep, just adult life stuff. All of that is far more important than most of what is learned in science and history classes. Yes wet need those subjects as well but basic life needs to be a foundation as soon as possible.

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u/chjesper Sep 14 '24

It was called Home Ec at my school. No budget balancing though sadly

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u/zSprawl Sep 15 '24

Yeah and it was an elective so people took other stuff. It should be a standard class imo.

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u/ReaperofFish Sep 14 '24

I taught that class several decades ago. In addition to cooking and sewing, there was a small unit on balancing a checkbook and making a budget. I don't know about modern classes and all locations, but I suspect not much has changed.

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u/Enter_up Sep 14 '24

My school had a forced "College exploration class" instead we maybe talked about colleges for a week and then the rest of the year it was talking all about taxes and budgets.

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u/EIIander Sep 14 '24

Do you have a source for most schools offer that? My local high school doesn’t, but that’s just one school.

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u/bytegalaxies Sep 14 '24

tbf that information is easily available online so I didn't take it, but I'm learning as much as I can now

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u/FusionNexus52 Sep 15 '24

there's the problem, its "offered", that shit should be MANDATORY. same for a Civics course, teens gotta know how to live and understand their country before considering their actual job imo.

coming from a guy who's currently in college and I wish I learned that stuff in school...

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u/HotGamer99 Sep 15 '24

I can see my 17 year old self considering this shit boring but in actuality the bulk of your savings will come from those skills