They really should implement a "Finance" class for seniors in highschool across the nation, even at the very very basic level I think it would be huge in the long term... how many 18yr olds do you know that actually know how APR works or compounded interest? These are really simple concepts but you are not taught them in highschool at all and with the majority of people not going to/finishing college they have to learn these real world concepts the hard way.
Age and your family status has a HUGE amount to do with your financial situation, I love when people from upper middle class families who had their parents pay for the education/living expenses talk shit about how financially irresponsible people are b/c they have don't have 20k in savings and are debt free at 25. If your 40 and have no savings? Yeh your bad with your money... if your late 20's and still chipping away at that debt and trying to scrounge up a tiny bit of savings then you are the normal majority and more then likely just weren't blessed with a financially sound family.
Age and your family status has a HUGE amount to do with your financial situation, I love when people from upper middle class families who had their parents pay for the education/living expenses talk shit about how financially irresponsible people are b/c they have don't have 20k in savings and are debt free at 25. If your 40 and have no savings? Yeh your bad with your money... if your late 20's and still chipping away at that debt and trying to scrounge up a tiny bit of savings then you are the normal majority and more then likely just weren't blessed with a financially sound family.
