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Current Events > California high schoolers will soon need to take financial class to graduate.

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Necronmon
06/28/24 5:58:36 PM
#1:


https://www.gov.ca.gov/2024/06/27/california-to-add-financial-literacy-as-a-requirement-to-graduate-high-school/

Its not the most horrible thing ever but...just shows that America really is a place were your worth is how good you are at" Business" and everything else is just a " hobby you can pull off in your free time if your good enough to be able to do anything else."
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Humble_Novice
06/28/24 5:59:00 PM
#2:


Sadly this. We are not going to see UBI anytime soon.
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Hexenherz
06/28/24 5:59:31 PM
#3:


How does it show what you think it shows?

I had to take a financial literacy class to graduate high school and it was only a positive thing. We covered everything from resume writing and interviewing skills to balancing a budget and managing credit.

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s0nicfan
06/28/24 6:07:08 PM
#4:


Are you really trying to spin "financial literacy" as a bad thing?

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Guide
06/28/24 6:08:15 PM
#5:


Humble_Novice posted...
Sadly this. We are not going to see UBI anytime soon.

Financial literacy should be a priority regardless of UBI. They're both good things.

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#6
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Baron_Ox
06/28/24 6:10:33 PM
#7:


when I was in high school (in California), it wasn't a requirement, but there was this class only seniors had access to, that taught us how to do taxes and other financial stuff we might have to deal with...it even taught us how to sign and sponsor checks, lol.

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NoxObscuras
06/28/24 6:17:12 PM
#8:


That sounds like a good thing to me. We give kids fresh out of high school the ability to legally sign financial contacts, even though many were never taught about finances. It's why so many credit card companies used to prey on college freshmen.

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_____Cait
06/28/24 6:19:34 PM
#9:


I think this is gonna be about budgeting, doing taxes, getting a bank account, credit card debt, loans, etc. stuff that kids should learn.

Otherwise, grifters make you easy prey

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emblem-man
06/28/24 6:22:28 PM
#10:


[LFAQs-redacted-quote]

What do universities have to do with what TC posted?

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deupd_u
06/28/24 6:22:42 PM
#11:


What an absolutely deranged take TC has

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Darkfire12
06/28/24 6:24:59 PM
#12:


don't they already have this? is this like, different from econ or something

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Necronmon
06/28/24 6:27:36 PM
#13:


I fully understand how vital it is to know how to live in the business world these days...its just lamenting how its taken over everything else.
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DrizztLink
06/28/24 6:29:20 PM
#14:


Darkfire12 posted...
don't they already have this? is this like, different from econ or something
Econ is usually the actual field as opposed to the personal-scale stuff a financial literacy class covers.

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Guide
06/28/24 6:29:27 PM
#15:


I don't really think it's taking over other things. Like, degrees in things that won't secure your financial future are either for people who are already secure, or people who make dumb decisions and work in starbucks forever. If you're going to get into something that is going to cost a lot of money, it's best you know how to go about it. Even people who get rich quickly end up jack poor because they spend stupidly. This sort of learning benefits everyone except predators.

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emblem-man
06/28/24 6:30:24 PM
#16:


Necronmon posted...
I fully understand how vital it is to know how to live in the business world these days...its just lamenting how its taken over everything else.

What do you think personal finance consists of?

The legislation will require a semester-long personal finance education course available for all California high school students by the 2027-28 school year and make personal finance a graduation requirement starting with the 2030-31 graduating class

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#17
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NoxObscuras
06/28/24 6:32:25 PM
#18:


Necronmon posted...
I fully understand how vital it is to know how to live in the business world these days...its just lamenting how its taken over everything else.
What? It's personal finance. The stuff related to the business world was already there as part of the economics class

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#19
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DKBananaSlamma
06/28/24 6:34:37 PM
#20:


I didnt read it cuz I'm lazy, but if it's a finance class that's great. Lots of people come out of school and have no clue how to budget, how to invest, nor how taxes work. Sounds like a positive to me >_> taking finance classes in college helped me stay ahead of the curve and taught me some good stuff. Everyone should take something like that

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Billyionaire
06/28/24 6:40:33 PM
#21:


What they really need to do is wrap financial literacy in with civics. Budgeting and taxes and learning how loans work go hand in hand with the freedoms enshrined in the Constitution, as well as with voting.

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Squall28
06/28/24 6:43:41 PM
#22:


s0nicfan posted...
Are you really trying to spin "financial literacy" as a bad thing?


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ClayGuida
06/28/24 6:43:51 PM
#23:


Make them take civics too.

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Prestoff
06/28/24 6:51:31 PM
#24:


I'm in favor of classes that teach practical stuff that you'll have to do as an adult like how to file for income tax or how to take a loan. If a financial literacy class will help with that, I'm all for it. Many of the stuff I've done were mostly self taught, but it would've absolutely helped if it were taught in school beforehand. Though I will admit, learning about compound interest from my econ class back in highschool is paying off massively for me.

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Tyranthraxus
06/28/24 6:54:59 PM
#25:


This is a good thing.

See also:
https://www.youtube.com/watch?v=8xe6nLVXEC0

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ItsNotA2Mer
06/28/24 6:56:16 PM
#26:


Great. Next.

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Horith
06/28/24 7:10:38 PM
#27:


Topic creator fails to read the article theyre bitching about strikes again. Either that or this is the weirdest take on how learning financial literacy is bad because it perpetuates the system of capitalism.
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BlueKat
06/28/24 7:13:52 PM
#28:


I strong as I am in my socialist beliefs, this is an extremely capitalist society and not changing anytime soon--as such, I think it's very important for people to understand how to manage their finances

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DKBananaSlamma
06/28/24 7:14:33 PM
#29:


I dont understand TC's take. Is he saying it's better to complain about the world and get taken advantage of financially, over learning the rules of the game and taking charge of your finances? >_>

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FolkenRawr
06/28/24 7:24:22 PM
#30:


Horith posted...
Topic creator fails to read the article theyre bitching about strikes again. Either that or this is the weirdest take on how learning financial literacy is bad because it perpetuates the system of capitalism.


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eggcorn
06/28/24 7:28:19 PM
#31:


I wish this was a thing when I was in school. Sure as fuck would have been more useful than French and Dendrology.

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RetuenOfDevsman
06/28/24 7:32:18 PM
#32:


Hopefully it'll be mandatory everywhere else too soon.

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[deleted]
06/28/24 8:02:59 PM
#36:


[deleted]
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Baron_Ox
06/28/24 10:20:32 PM
#33:


this is from a course catalog from the high school I graduated from.

it might have been updated over the years, but it's basically the same class:

https://gamefaqs.gamespot.com/a/forum/0/0509023a.jpg

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tripleh213
06/28/24 10:26:20 PM
#34:


[LFAQs-redacted-quote]



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Necronmon
06/28/24 10:26:54 PM
#35:


I suppose its a bit personal for me as well...I knew a Latin teacher who got let go because " she was not important enough to keep around" And that the arts are under attack.

Its just the dismay that only one thing that seems to matter in society these days.
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God_of_6strings
06/28/24 10:30:38 PM
#37:


Baron_Ox posted...
when I was in high school (in California), it wasn't a requirement, but there was this class only seniors had access to, that taught us how to do taxes and other financial stuff we might have to deal with...it even taught us how to sign and sponsor checks, lol.
My Alabama HS had a class that sounds just like the one you're describing. "Personal Business and Finance" was its name, and it was available to jrs and seniors. You had to take it as a prerequisite for Co-op (leave school an hour early to go to work).
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PowerMan5000000
06/28/24 10:53:37 PM
#38:


Its a good thing

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NoxObscuras
06/28/24 11:05:30 PM
#39:


Necronmon posted...
I suppose its a bit personal for me as well...I knew a Latin teacher who got let go because " she was not important enough to keep around" And that the arts are under attack.

Its just the dismay that only one thing that seems to matter in society these days.
Those are 2 completely separate issues though. A class that teaches soon to be adults to be responsible with their money is pretty important. It doesn't mean that the arts aren't important too.

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Kai_Laguna
06/28/24 11:07:34 PM
#40:


I really don't understand what tc is complaining about, like seriously he went off on some tangent that has practically nothing to do with teaching kids how to budget their household so they don't build massive debt and not inadvertently get themselves audited come tax season.
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rideshort
06/28/24 11:09:03 PM
#41:


How is this a bad thing? Wouldn't you want students to have financial literacy before they become adults?

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ironman2009
06/28/24 11:10:08 PM
#42:


california dub

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dummy420
06/28/24 11:14:19 PM
#43:


It should be mandatory everywhere. Doesn't have to be much but I sure wish I had more financial education when I was younger.

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Hospy
06/28/24 11:20:48 PM
#44:


s0nicfan posted...
Are you really trying to spin "financial literacy" as a bad thing?

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Baron_Ox
06/28/24 11:20:56 PM
#45:


God_of_6strings posted...
My Alabama HS had a class that sounds just like the one you're describing. "Personal Business and Finance" was its name, and it was available to jrs and seniors. You had to take it as a prerequisite for Co-op (leave school an hour early to go to work).
I'm not 100% sure, but I think we might have had something like that, but only if seniors had finished with their other units.

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StealThisSheen
06/28/24 11:29:12 PM
#46:


Necronmon posted...
I suppose its a bit personal for me as well...I knew a Latin teacher who got let go because " she was not important enough to keep around" And that the arts are under attack.

Its just the dismay that only one thing that seems to matter in society these days.

...Those things literally have nothing to do with each other.

What are you even talking about when you say "The only thing that matters?" Do you think understanding finances is some new thing or something? Understanding finances can literally be as simple as balancing a checkbook, or budgeting expenses for a month.

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shnangyboos
06/28/24 11:30:32 PM
#47:


I'd like to see some basic education on the justice system be required, too.

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Rika_Furude
06/28/24 11:40:57 PM
#48:


Necronmon posted...
https://www.gov.ca.gov/2024/06/27/california-to-add-financial-literacy-as-a-requirement-to-graduate-high-school/

Its not the most horrible thing ever but...just shows that America really is a place were your worth is how good you are at" Business" and everything else is just a " hobby you can pull off in your free time if your good enough to be able to do anything else."
??? obviously schools should teach things that will positively affect students lifes after school. wtf is this rant youve gone on
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#49
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008Zulu
06/29/24 12:47:32 AM
#50:


If the new program teaches them how to do their taxes, it would be a blessing.

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