[orionblastar]

The problem is that high schools don't teach people how to live on a budget and save money.

When people file for bankruptcy, they are given a three hour video course on the Internet and have to take a quiz to learn how to budget their money and save for emergencies. This sort of thing needs to be taught in public schools for free as part of the math classes or something that teaches life skills.

The app that 'solves' this problem costs $158 year to be a member, and holds surplus money to give it on bad weeks when they don't earn as much to have enough money to live on.

[modfodder]

This needs to start long before high school (much of a person's personality, including how they view money, is already locked in by that point).

Personally I believe elementary is the place to start education about essential life skills, which include dealing with money (budgeting, saving and investing). And that education should continue throughout until high school graduation.

[orionblastar]

Perhaps add in critical thinking, study skills, social skills, people skills, as well as anger and stress management to elementary schools to help out later on in life?

[modfodder]

Absolutely (still amazed study skills aren't a continuing topic throughout education). Maybe it's just my memory, but really don't remember receiving much of any life skills after pre-school/kindergarten. I know we learn much of it practically, but that leaves a lot of room for uncorrected errors that become bad habits.