Re:Common Core Sheets
by eternityforest on Thursday November 09, 2023 @03:45PM
(#38211006)
Everyone always talks about financial math, but it seems like the more important thing is the math that would help you make money in the first place.
A "How to ensure that you never get a door dash or eating out or only fans habit" class, and creating a culture that didn't promote expensive status symbols might save people more money than knowing how to budget properly...
The average person makes money by being paid a salary, investing savings, and avoiding ruinous debt.
What you're talking about becomes a very salient way to introduce the notion of compounding returns on savings.
You're spot on, it isn't. That's by design. The foremost goal of a modern education system is creating a labor force[1][2] that meets the projected demands of the economy. What is interesting to think about is that over time the type of workforce the economy needs changes and how that interacts with changes in education policy.
Don't get me wrong, there is value in trigonometry but I think classes on probability, statistics, and basic financial math like compound interest and so on are much more impactful when it comes to aggregate outcomes.
[1]: https://en.wikipedia.org/wiki/Prussian_education_system
[2]: https://en.wikipedia.org/wiki/Common_school