Happy New Year
Nancy wrote
> >
> > They need to teach personal finance in the schools.
I went to an all-girls High school in a small rural town in England
in the late 50's early 60's, and that's exactly what they did. It was
rather unusual then and I don't think it's done now.
Disguised as the Arithmetic part of Maths, we were taught how to
budget household accounts, how to calculate simple and compound interest
on mortgage loans, how to fill in income tax returns, subtract every
possible tax-free allowance and calculate the tax due: and how to fill
in a cheque.
Of course,at the time we thought it was duller than dust :-)
Janet UK
|