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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (113519)	3/30/2008 1:12:35 PM
From: bentway	Read Replies (2) \| Respond to of 306849

Something you and I agree on! Why isn't there a required class to pass high school that teaches kids what they need to get started? How to establish credit The importance of paying your bills and on time to your credit rating. The difference in total cost in buying something outright from buying something on credit. Pay the rent and the bills, set a little back more than you need for food, THEN party! How much you can save by buying perfectly serviceable USED stuff. Etc.

To: Hawkmoon who wrote (113519)	3/30/2008 1:42:09 PM
From: Broken_Clock	Respond to of 306849

what 3 r's? those aren't even taught anymore....

To: Hawkmoon who wrote (113519)	3/30/2008 1:54:08 PM
From: Smiling Bob	Respond to of 306849

My fifth grader has in incredible home room teacher who has been covering the RE bubble extensively. He thinks it's great that she discusses adult topics vs many other teachers that talk to them like little kids

To: Hawkmoon who wrote (113519)	3/30/2008 2:39:35 PM
From: ChanceIs	Read Replies (2) \| Respond to of 306849

RE: financial education In the seventh grade, I was made to take abut $50K in fictitious cash, and make a stock portfolio. It was fun. Had a contest. I learned that if you made 5% on principal and then lost 5% you were worse off, not even. Simple stuff. I met a woman a few years back who worked for an investment bank. She started with a bachelor's degree. She told me that when she started, she didn't know what a bond was. I got sick. There is always a great debate within formal religion, to wit...do as I say, not as I do. Unfortunately, the federal government is in that mode - hasn't had an operational budget surplus since 1957. So students, borrow and spend, borrow and spend. The government through the "progressive" tax mechanism also teaches that hard work, prudence, and thrift will be punished.