Should Money Management and Budgeting be a Required Course in High School?
How confident are you when it comes to many day-to-day life skills, including how to file your own taxes and money management? Well if you’re like most Americans, you’re not as confident as you would like to be. In a new study, researchers found that many adults wish they were required to take more practical courses in high school and that certain courses they were required to take were useless.
A Florida bill that is currently up for consideration would require students to take a class about money management to graduate. It’s a class most adults wish they could have taken. A recent study found the average American uses just 37% of what they learned in school in their daily lives.
According to the survey of 2,000 American adults, 57% feel a course on money management and budgeting in high school would have been helpful for them. Another 44% would have liked a class explaining how to file taxes. The average respondent said they learned over half of their job-related skills on the job, rather than in school. In fact, 84% of people said they learned things in school they’ve never utilized after they graduated. When asked if they’d rather take a tax preparation course or a traditional calculus class, only 13% said they’d rather take the calculus class.
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TOP 10 SKILLS AMERICANS WISH THEY LEARNED IN SCHOOL
Money management and budgeting (57%)
How to properly do taxes (44%)
How to manage emotional/mental wellbeing (42%)
Understanding credit and student loans (39%)
How to negotiate (39%)
Time management (35%)
Household repairs (34%)
How to make conversation/personal relationship skills (33%)
Car repair and maintenance (31%)
How to find a job (30%)
TOP 10 “USELESS” THINGS AMERICANS LEARNED IN SCHOOL
Pythagorean theorem (48%)
Knowing PI is 3.14 (40%)
Periodic table (40%)
The types of rocks (37%)
The difference between protons, neutrons, and electrons (37%)
Mitochondria is the powerhouse of the cell (35%)
Naming the presidents in order (35%)
How to make paper snowflakes (30%)
The survey was conducted by market research firm OnePoll in December 2018.