We all agree that personal finance classes in school makes a tremendous amount of sense, for us and our kids. The problem is getting it accomplished. Apparently the “feeling that we know nothing about personal finance” isn’t just in the family side of things, it is also in the education system, the people expected to teach our students this stuff.

See this post by Dan Kadlec in Time Magazine Business and Money to see what is being done about it:

http://business.time.com/2013/10/10/why-we-want-but-cant-have-personal-finance-in-schools/

Apparently the incredible volume of information out there is putting off people. When you have too much choice, it causes paralysis and makes progress go forward at a snail’s pace. The author feels that this uneven effort to spread this knowledge is getting in the way of spreading the knowledge (duh). Maybe families will just have to figure a way to handle some (or all) of this at home. Because in the long run aren’t we responsible for educating our kids, especially in the real world?

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