Look at the failure of the housing market. Most of these home loans have been provided to people who can not afford the amount given. This falls back onto the tax-payer because the business’s will either default on these loans or write them off, which reduces their tax bracet.

Car loans – it has become a right to have a car in America and it doesn’t matter the cost. SUV’s sell for enormous prices. The current model of a Cadillac Escalade is around $60,000. Have you noticed how many of these are on the road? You can’t hardly buy a SUV below $30k and if you do it doesn’t have anything but the bare necessities in it. So, this leads to poor purchase choices by over eager consumers.

Last, teach the finance rule of 72. This basic concept is a great tool. For example, say you are buying or investing at a given interst rate of 6%. How long would it take for me to double my money, if investing, or how much debt would this cost me. You would take 6% and divide it into 72, which would yeild 12 and this is in years. So, if you invested $10,000 at 6% it would take you 12 years to double your money. Also, if you purchased a car for $30,000 at 6% with no money down and financed it for 6 years (1/2 of 12) then you would pay back $45,000. A pretty rough estimate but it is a good tool.

Have you ever wondered why something so important to your life isn’t adequately taught to everyone in high school? Another example of keeping the ignorant….ignorant and exploiting them without their own knowledge. The anti-robinhood concept: Take from the poor and give to the rich.

Also, teach them birth control. Until they can manage the basics of taking care of themselves, make them understand that they won’t be able to take care of another human as well!

Good Luck!

Student will identify proper procedures (calling 911, Heimlich maneuver, first aid) for dealing with emergency situations(choking, bleeding, burns, broken bones). For 15 minutes, limit to one.

How to look for a job.

How to fill out a work application.

Skills for a job interview.

How to balance a checkbook.