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Most of us agree: the world could use a little more financial literacy. Everyone talks about the need for financial education in schools. But if it were up to you, what exactly would you teach?
Some of personal finance is universal and practical—how compound interest works, how to create a basic budget, how to calculate taxes. But a lot of it is also behavioral—overspending, for example. What specific lessons would a financial literacy class entail?
What basic money lessons do you think would be most helpful for people who know nothing about personal finance? If you had to teach a financial literacy class, what would be on your lesson plan?
Photo by Center for Teaching Vanderbilt University.
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