'Is today the beginning of the end of the UK debt illiteracy?' blog discussion

sunnyd47

The trouble is with this, who decides what is good or bad for anyone to do with their money or how they should use it, to what lengths will this indoctrination go and how politically motivated/biased will it be?

Why should I as a tax payer assist the parents of those children to be educated regarding finances, it is simply yet another excuse for poor parenting to be tolerated. All I know about fiances and how to handle them came from my parents, in the same way as I know right from wrong (I was not taught law at school).

Sort the parents out, stop the OTT parent protection and bring them to justice for their inability to bring their children up correctly equipped to face the world with the most basic of skills.

If anyone thinks that any government can be trusted to bring in any education regarding finances, they are in danger themselves. It will simply be, as normal, do as I say and not do as I do!

bylromarha

FLIPPIN HECK!

That sounds scary. I would have brown panted at the thought of doing a lesson with a group of strange kids with an audience of 200, including a Cabinet minister. I brown panted at just doing lessons with my own class in front of colleagues!!!!! WELL DONE!!!!!

chirpchirp-the school where I used to work, the town's credit union came and did a bank once a week and my Reception class often used to go and bank their 50ps every Friday to try and get their free money box for 10 saves per term.

And in answer to the blog question, sadly no, I don't think today is the beginning of the end. A life skill taught in school doesn't translate to home unless it is practiced at home too.

sunnyd47

bylromarha wrote: »

And in answer to the blog question, sadly no, I don't think today is the beginning of the end. A life skill taught in school doesn't translate to home unless it is practiced at home too.

Agreed, it is simply more jobs for these out of touch boys...To make any difference, you have to be IN TOUCH with what is going on and honest about it, therefore it will NOT make any difference.

ameliarate

I was lucky, my dad taught me and my siblings the importance of money and I have passed it on to my daughter. The funny thing is one of my sisters is hopeless with money. Friends of mine who have more than one child always say that one is always bad with money no matter how much you try and teach them about saving etc. I wonder why that is?

sunnyd47

ameliarate wrote: »

I was lucky, my dad taught me and my siblings the importance of money and I have passed it on to my daughter. The funny thing is one of my sisters is hopeless with money. Friends of mine who have more than one child always say that one is always bad with money no matter how much you try and teach them about saving etc. I wonder why that is?

Its called being an individual I suppose. Something that is certainly frowned upon in modern society as they try to make everyone into conformist clones that think alike and act alike.

As I have said before, blame the parents, the ones that sit kids in front of videos and computers instead of interacting with them. Blame the parents that insist on deluding their little girls by calling them princesses, guess what, they arent! Blame a government that does not allow competition within society and schools by claiming that we are all equall, guess what, we arent!

A refreshing dose or realism is required in the UK but the powers that be are afraid to do it for short term favour.

meggie-lizzie

I was lucky enough to be invited to the conference, and it certainly inspired me to go out and spread the word! Ed and Martin did indeed complement each other, it was wonderful to see them bouncing quips off each other and it certainly showed how both were incredibly committed to developing financial capability in the next generation! Martin's Master Class was very good, it certainly raised a few points for discussion on the table I was sitting! The resources shared were both relevant and (more MSE) mostly free!!! Let's just hope we can instil the MSE culture into kids of today and make them MSE wiz-kids!!!

sunnyd47

meggie-lizzie wrote: »

Let's just hope we can instil the MSE culture into kids of today and make them MSE wiz-kids!!!

There are three failed FULL generations that have been left to breed for cash and this now needs addressing. There is a lot of ground to make up and under current continuing trends one large % of people to benefit are those themselves having the children with relative ease, because they can and that that is something that they can do, multiply and get paid for it.

As said, it is time for many to take an anti sugar coated pill from the medicine chest and surface into the real world where life today is visible and not part of any Hollywood romantic blockbuster.

Gorgeous_George

It's all relative. If I was a millionaire but everybody else were billionaires, I'd be poor.

GG

sunnyd47

Gorgeous_George wrote: »

It's all relative. If I was a millionaire but everybody else were billionaires, I'd be poor.

GG

This is a part of the problem, why does everything "Good" or "worthy" in modern society HAVE to be dependant on money, happiness, success and fame at any cost also.

I am not a billionaire as mentioned by GG above but I am far richer for many reasons than most of them. Does this now make it relatively relative :eek:

No one seems to like or use the words "back to basics" anymore as they assume it is a backward step, in fact, the words are really intended to mean "foundation" and "fundamentals" instead, it is where we should be hurrying at great speed.

dzug1

sunnyd47 wrote: »

The trouble is with this, who decides what is good or bad for anyone to do with their money or how they should use it, to what lengths will this indoctrination go and how politically motivated/biased will it be?

Why should I as a tax payer assist the parents of those children to be educated regarding finances, it is simply yet another excuse for poor parenting to be tolerated. All I know about fiances and how to handle them came from my parents, in the same way as I know right from wrong (I was not taught law at school).

Sort the parents out, stop the OTT parent protection and bring them to justice for their inability to bring their children up correctly equipped to face the world with the most basic of skills.

If anyone thinks that any government can be trusted to bring in any education regarding finances, they are in danger themselves. It will simply be, as normal, do as I say and not do as I do!

Well - maybe the parents of which you write are a lost cause.

Sorting out the current generation of students will produce better parents in future?