Quote:
Originally Posted by Joan.of.the.Arch
If you were helping to design a very focused course in Consumer Math with the goal that the adults be better equipped to make good money decisions for themselves (including not being cheated or cheating themselves!), what are some of the things you would want covered? Let's say the course is for high schoolers.
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risk and return need to be foremost discussions- issue 1a).
implying people should know a 10% return is EXCELLENT and the risk to get that return is this.
larger returns than 10% suggest the risk is higher... private businesses, scams, gambling
and compounding interest needs to be goal 1b)- both compounding in a positive sense (interest and earnings on investments) and compounding in a negative sense (how credit card debt will add up).