- Cape man stabbed in head, arm after strip-club incident; skull fractured, police say (6/25/17)3
- Two men accused of selling meth to undercover cop (6/22/17)
- Custom cuts: Local hairstylist provides free haircuts to special-needs children (6/26/17)3
- Police: Man grabbed wheel, tried to kill driver and himself in Jackson crash (6/23/17)
- Marble Hill man accused of beating, kidnapping woman (6/27/17)
- Annual SEMO District Fair event lineup announced (6/23/17)1
- Oran town board fired officer before hiring him as police chief; city officials say they can't remember reason for firing (6/25/17)2
- Playing with fire (6/25/17)
- Two charged in theft of jewelry from Cape storage facility (6/23/17)1
- Business notebook: Man's cheesecake whim becomes a full-time vocation (6/26/17)
Teaching students the fundamentals of personal finance has become a standard part of the curriculum at many high schools. By the time these young people enter college, they face a different kind of financial reality: student loans and other expenses related to getting a good education. These students also are looking to the future: Will the training they receive translate into a decent job?
Many Americans have become acutely aware of the national economy in the past year. Recessions tend to draw attention to the many ways our personal lives are affected by economic trends beyond our control. All of which makes those high school and college-level courses in personal finance more important than ever.
It's not just youngsters who must deal with what often seems like a financial maze. Over the weekend, The Wall Street Journal published a special guide to retirement planning and living. It included a test that plumbed the awareness of retired and nearly retired workers regarding the effect this recession has had on retirement expectations. A quick review of the questions indicates most of us could use a refresher course in basic finance.
The more we understand our finances, the better we understand our future, whether we are high school students or retirees.