They will be learning about money

Very good discussion and a different discussion from your end maximax. I am all for it...and some of those science and physics subjects should be left for later stages of life. That way people would be using logics to understand physics and would also be capable of managing their funds well. My father was not very old when he signed the General Power of Attorney document allowing his brother to dispose all his assets. The document was signed at the request of his brother in law, who incidentally was a gambler. And dad's brother was a drunkard. And it was dad's sister who advised him to sign that GPA instrument. My mother was a minor at that time, and dad signed away her properties as well, because he trusted his sister. Obviously not much came of it. lol So I always think teaching money at the school level would be a good idea, people would be wary of others cheating them, and they would also become cautious with their monies. Having said that...money does cause a lot of fights. So are we going to have new genrations that are constantly fighting? Out here, one of our craft teachers introduced us to saving in seventh standard. Ever since, i have had this habit of saving. Though I have managed to achieve what I set out, I do now feel I set myself a very small target, and took very long to achieve it. lol. But then, I have some more time on my hand. However, i no longer feel motivated to go further.

I think it's excellent and it's about time schools taught this kind of budgeting, and I am only sorry that they didn't introduce it sooner. Although I was brought up to be a frugal saver, so many are not, and that is why there is so much financial difficulty and people in debt. These life skills are invaluable.

I hadn't heard this news yet but, I think it is very good - it might make more young people save from an earlier age and help them understand better the importance of working hard. The importance of learning about APR is also a very good feature I think as it might actually stop so many people from buying things on loans and combined with the money saving the may buy things outright instead!

I think that's great! My son is 12, and I don't there's any of that training or education being done in their school. I've been meaning to sit my son down and teach him a few lessons about money. But I've been sort of waiting for him to be more 'responsible' enough. I think this fall, when he goes to grade 8, will be the opportune time to teach him. If his new school (middle school) doesn't offer any of that education.

for sure and everyone ought to learn very sure in this world which is very essential to manage it wisely

Well, seems great to me knowing that next generation will have to learn about reality. Accounting reallyl helps leverage one's aspiration, and instill to the young minds the worth of learning accounting, the proper and wise allocation of money. This woulb be very beneficial to those whose family doesn't live in luxury and only rely mortgage to finish school. And not learn only things that toxicate their innocent minds :)

I think this is good. However, I'm not really sure if they could relate to the topics. I have been teaching University students about money, they don't quite relate to it well because their parents just supply them money. But I guess it would be easier to teach younger people as compared to the adult ones. I hope it does change people's perspective about money and material stuff. Have a great mylot experience ahead!

I'd heard this news and think it's fabulous. Money management is a far more important skill than the education system has previously recognised, and I don't think any teen should leave school without having had at least a little training in the basics.

I don{t think that that is in the school program in my country, but many youngsters know about it out of need. I think it is a very good idea to teach younsters about money. Some of the more affluent ones seem to think that money grows on trees.

Hi maximax! This kind of topic is also being discussed in some of the subjects in schools in our country but they don't give much focus on it. What I know is that some subjects are teaching the children how to save. I think this is a good thing to be thought in school. Have a nice day!

I think these lessons are essential and hopefully they will enable children to realise the value of the money they have, learn how to spend wisely and save a little as and when they can. If these subjects are presented in an exciting and relevant manner the children may not only learn for themselves but they may even become an example to their parents who may never have had such an opportunity.

I think that is a good step of the education department in teaching kids early on the value of money. And yes, personal finance is essential and a skill that most of us really need even before we start earning our own money. Back in my country, we have economics subject introduced in the curriculum of second year high school students. I don't know if the same still applies this school year. Basic math and money savings is taught during elementary but it is just a one time subject and that's it.

personally for me is that school don't teach us the money lesson, they teach you all the science, math, language, geo and other but money lesson I never hear of it. if it adapt in the school, I think it is a great lesson for the younger generation to learn the real lesson of money rather than spend spend spend on it. Let them know the real situation the parent face on. I want to congratulation to your country minister to put this money issue into lesson on the school. I just wonder when will be on my country. cheer

Well, I think it is very practical to teach young adults to learn about money. This will help them to learn about how to use money wisely. This will also teach them how to save for their future.