You make excellent points XBoxBoy. Loved the popsicle story. Reminds me of a study on delayed gratification I read ages ago in and from what I remember kids are given the choice of something like 1) a whole donut right now, or 2) wait 20 minutes and have 2 donuts. If I remember correctly, the kids who snarfed down the donut right away were upset that they didnt get a second donut later. Sounds like highly leveraged home owners, eh?

Anyway, apart from feeling glum about the state of the world on this rainy day, I still maintain that if kids are required to take P.E. – which does not guarantee they will be athletes or live healthy lifestyles – they should also learn basic money management in school.

However, people dont stay at jobs for 35 years anymore. And we certainly dont take comfort in the fact that employers will “take care” of us.