Kate Matsuda · 9 answers · 1y

Did you learn in school or any other educational institution about how to prepare for your retirement? Did you get lessons about how to save on taxes? Did they show you how to fill in essential forms? How the basics of loans and interest rates do work? What you need to know about insurances? What you need in life seems sometimes different from what schools teach you? Why?

I only went to schools that have one job, and it's turning out factory workers that can't retire.

I teach a business calc class and even though I can tell you the basics of how different loans / investments work, it’s all theory. I don’t really know how the actual stock market works or how you’d get started with investing something. As for my house loan, I still had to research and learn on my own how everything was calculated. I don’t know if there’s a single class that can truly cover everything you mentioned. But… hopefully all the math / reading / thinking classes you take in school can provide you with the skills necessary to do the research on your own and educate yourself.

NEVER. NADA. And since you brought up the subject of tax, I'm so confused about lots of tax forms that I've received so far. The IRS even sent me a mail asking for my signature. I mean I practically forgot how to send an actual mail. I don't know why they operate like we're in the 70s.

No, but I'm not convinced I would be super interested in the nitty gritty of that as a child in school. I think it may be more practical to have accessible community coaches/professionals who can help you with that when you're ready. I have a financial planner myself but I had to seek one out when I was financially independent

Nope. I really think that basic safety and money management should be part of the schooling programme.

Not in school. I had classes on financial maths and income tax at uni, but that's specific for my major

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