Finance

Reader Submission: Three Things We Should Have Been Taught in School or College, But Weren’t

I’ve been contemplating on this topic since quite some time. In a recent email discussion, Lakshmi, a friend and keen observer of this blog, put my thoughts into words. She says,

There are three things that should be taught at school, which unfortunately are not taught:

  • How to earn honestly,
  • How to manage the money you’ve earned, and
  • How to lead a healthy life

Looking back, I wish I was taught about — or at least made aware of — topics such as health insurance, life insurance, goal-oriented saving and investing, the power of compounding, etc. while in school or, even better, in college. If I’d had knowledge on these topics prior to entering the workforce, I wouldn’t have made these really dumb mistakes.

What do you think?

4 thoughts on “Reader Submission: Three Things We Should Have Been Taught in School or College, But Weren’t

  1. How many of our lecturers/teachers in school can analyze and think about all these aspects?.. Unfortunately, many don’t even have a clue about business and they teach us, no wonder we never learnt all these things in school/college.

  2. When we state a problem, we should also state some solution for it. Here is what I feel – You continue the posts on personal finance; I’ll try to write on health and fitness when I get time, by the end of january. A bunch of posts on health would be quite useful for the readers. I’ll keep the posts on in my blog and will post the same in the Geo blog.

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