http://masteryourcard.com/blog/2008/05/07/banking-industry-education-programs-do-they-fall-short/ The best Credit Card Debt Blog online Thu, 02 Feb 2012 13:31:13 +1100 http://wordpress.org/?v=abc hourly 1 http://masteryourcard.com/blog/2008/05/07/banking-industry-education-programs-do-they-fall-short/comment-page-1/#comment-1829 Kristy Thu, 08 May 2008 17:32:26 +0000 http://masteryourcard.com/blog/2008/05/07/banking-industry-education-programs-do-they-fall-short/#comment-1829 You're absolutely right, Emily! I've run into a lot of college students who just don't know. It's frustrating from a banker's standpoint that parent's aren't taking an active interest in teaching their kids about finance matters. My dad's a whiz with finances, but he never really taught me much about it. I learned through trial and error and then I got into the industry. What a wake up call that was! You’re absolutely right, Emily! I’ve run into a lot of college students who just don’t know. It’s frustrating from a banker’s standpoint that parent’s aren’t taking an active interest in teaching their kids about finance matters. My dad’s a whiz with finances, but he never really taught me much about it. I learned through trial and error and then I got into the industry. What a wake up call that was!

]]> http://masteryourcard.com/blog/2008/05/07/banking-industry-education-programs-do-they-fall-short/comment-page-1/#comment-1828 Emily @ Taking Charge Thu, 08 May 2008 17:11:02 +0000 http://masteryourcard.com/blog/2008/05/07/banking-industry-education-programs-do-they-fall-short/#comment-1828 I think you make a very good point here. If the banking industry is trying to institute these programs but they're not catching on, it's not its fault. I think so much of necessary financial education falls on parents. From a young age children should be taught about basic saving and spending, and as they get older, introduce the concept of credit. So many people go off to college without knowledge of how credit cards work, and end up in a world of trouble. I just wish a Personal Finance 101 course was necessary in high schools before graduation, or at least as a required first semester course in college. It's quite frustrating. I've had to do a lot of self-education in the last year since graduating college. I think you make a very good point here. If the banking industry is trying to institute these programs but they’re not catching on, it’s not its fault. I think so much of necessary financial education falls on parents. From a young age children should be taught about basic saving and spending, and as they get older, introduce the concept of credit. So many people go off to college without knowledge of how credit cards work, and end up in a world of trouble. I just wish a Personal Finance 101 course was necessary in high schools before graduation, or at least as a required first semester course in college. It’s quite frustrating. I’ve had to do a lot of self-education in the last year since graduating college.

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