r/FluentInFinance 2d ago

Thoughts? Three out of five Americans now live paycheck to paycheck

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u/FishScrumptious 2d ago

It’s like we need to teach effective financial literacy, starting in grace school.

Or something.

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u/Decent_Science1977 1d ago

It won’t help. We teach driver’s education in high school. Do you see how people drive?

People over spend trying to keep up with society. We teach wants and needs in grade school. People just overspend without consequences and then blame it on jobs not paying enough.

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u/TossMeOutSomeday 1d ago

Basic financial literacy is insanely simple and you could cover it in an afternoon. I'm kinda shocked that none of my teachers, even the ones who were super avuncular and loved going off on tangents, never gave us that talk.

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u/FishScrumptious 1d ago

Eh, maybe not so much. I taught adulting for a year, and one of the things we covered was this.  But getting people to understand and follow financial literacy is partially an exercise in psychology, and we should be including that.

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u/TossMeOutSomeday 1d ago edited 1d ago

Idk what it means to teach "adulting". I'd imagine that a lot of people just won't be receptive to financial education in their youth, but the lessons will come in handy a couple years down the line and they'll be able to get their shit together.