Home › Forums › Financial Markets/Economics › The Stimulus !
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February 8, 2008 at 9:49 PM #150559February 8, 2008 at 9:58 PM #150212CoronitaParticipant
I really wish they taught the financial basics in High School. Having to learn this stuff as we go is tough..Hopefully we're teaching our daughter as we go so she won't make the same mistakes we've made…she'll make new ones right?
You know. I just had a conversation with a coworker about her 10 year son. Apparently, his teacher is doing really interesting projects.
1) The have math exercises such that students are given $3000 play money, and then are asked to figure out how long it would take to pay it off if they made a monthly payment of $20 with 1.5% interest compounded. Obviously this is to teach the kids a lesson.
2) They have mock elections about which each candidate stand for and watch the debates, with the kids asking parents "why isn't candidate X answering the question on the screen?"
I was actually pretty impressed they teach this stuff in school now. And was pretty hopeful about the future of our kids if they're teaching this stuff in schools..because it was never taught in my school, I learned from my parents…..well that is until I found out her son is in a private school.
That has got me thinking a bit. I think my expenses will go up considerably in the distant future.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
February 8, 2008 at 9:58 PM #150468CoronitaParticipantI really wish they taught the financial basics in High School. Having to learn this stuff as we go is tough..Hopefully we're teaching our daughter as we go so she won't make the same mistakes we've made…she'll make new ones right?
You know. I just had a conversation with a coworker about her 10 year son. Apparently, his teacher is doing really interesting projects.
1) The have math exercises such that students are given $3000 play money, and then are asked to figure out how long it would take to pay it off if they made a monthly payment of $20 with 1.5% interest compounded. Obviously this is to teach the kids a lesson.
2) They have mock elections about which each candidate stand for and watch the debates, with the kids asking parents "why isn't candidate X answering the question on the screen?"
I was actually pretty impressed they teach this stuff in school now. And was pretty hopeful about the future of our kids if they're teaching this stuff in schools..because it was never taught in my school, I learned from my parents…..well that is until I found out her son is in a private school.
That has got me thinking a bit. I think my expenses will go up considerably in the distant future.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
February 8, 2008 at 9:58 PM #150482CoronitaParticipantI really wish they taught the financial basics in High School. Having to learn this stuff as we go is tough..Hopefully we're teaching our daughter as we go so she won't make the same mistakes we've made…she'll make new ones right?
You know. I just had a conversation with a coworker about her 10 year son. Apparently, his teacher is doing really interesting projects.
1) The have math exercises such that students are given $3000 play money, and then are asked to figure out how long it would take to pay it off if they made a monthly payment of $20 with 1.5% interest compounded. Obviously this is to teach the kids a lesson.
2) They have mock elections about which each candidate stand for and watch the debates, with the kids asking parents "why isn't candidate X answering the question on the screen?"
I was actually pretty impressed they teach this stuff in school now. And was pretty hopeful about the future of our kids if they're teaching this stuff in schools..because it was never taught in my school, I learned from my parents…..well that is until I found out her son is in a private school.
That has got me thinking a bit. I think my expenses will go up considerably in the distant future.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
February 8, 2008 at 9:58 PM #150497CoronitaParticipantI really wish they taught the financial basics in High School. Having to learn this stuff as we go is tough..Hopefully we're teaching our daughter as we go so she won't make the same mistakes we've made…she'll make new ones right?
You know. I just had a conversation with a coworker about her 10 year son. Apparently, his teacher is doing really interesting projects.
1) The have math exercises such that students are given $3000 play money, and then are asked to figure out how long it would take to pay it off if they made a monthly payment of $20 with 1.5% interest compounded. Obviously this is to teach the kids a lesson.
2) They have mock elections about which each candidate stand for and watch the debates, with the kids asking parents "why isn't candidate X answering the question on the screen?"
I was actually pretty impressed they teach this stuff in school now. And was pretty hopeful about the future of our kids if they're teaching this stuff in schools..because it was never taught in my school, I learned from my parents…..well that is until I found out her son is in a private school.
That has got me thinking a bit. I think my expenses will go up considerably in the distant future.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
February 8, 2008 at 9:58 PM #150569CoronitaParticipantI really wish they taught the financial basics in High School. Having to learn this stuff as we go is tough..Hopefully we're teaching our daughter as we go so she won't make the same mistakes we've made…she'll make new ones right?
You know. I just had a conversation with a coworker about her 10 year son. Apparently, his teacher is doing really interesting projects.
1) The have math exercises such that students are given $3000 play money, and then are asked to figure out how long it would take to pay it off if they made a monthly payment of $20 with 1.5% interest compounded. Obviously this is to teach the kids a lesson.
2) They have mock elections about which each candidate stand for and watch the debates, with the kids asking parents "why isn't candidate X answering the question on the screen?"
I was actually pretty impressed they teach this stuff in school now. And was pretty hopeful about the future of our kids if they're teaching this stuff in schools..because it was never taught in my school, I learned from my parents…..well that is until I found out her son is in a private school.
That has got me thinking a bit. I think my expenses will go up considerably in the distant future.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
February 8, 2008 at 10:01 PM #150217MultiplepropertyownerParticipantSince when do Americans complain about free money?
February 8, 2008 at 10:01 PM #150473MultiplepropertyownerParticipantSince when do Americans complain about free money?
February 8, 2008 at 10:01 PM #150486MultiplepropertyownerParticipantSince when do Americans complain about free money?
February 8, 2008 at 10:01 PM #150502MultiplepropertyownerParticipantSince when do Americans complain about free money?
February 8, 2008 at 10:01 PM #150574MultiplepropertyownerParticipantSince when do Americans complain about free money?
February 8, 2008 at 11:57 PM #150258temeculaguyParticipantI wonder if the people who walked away from their homes and got hit for the forgiven debt amount also get bumped out of the range to get the rebate. Wouldn’t that be ironic since that is who they are trying to save.
Don’t feel bad greensd, if you spend your free time reading financial and math related blogs the liklihood that you will remain in the 30k bracket is fairly low. The type of person that finds math, markets and captalism a fun way to spend to their leisure time is the same type that ends up not getting rebates at some point in their life. Conversely, the person that knows the current point standings in Nascar but can’t tell you how many points they paid on their neg am loan or what a neg am loan is, well, no amount of lender disclosure is going to help them.
O.K., nobody get their panties in a bunch over the Nascar dig, I just liked the how the whole “point” thing sounded so I went with it. I know, I know, there are smart, rich and sophisticated nascar fans and that caveat probably extends to country music fans as well. Just because I haven’t met one doesn’t mean they don’t exist, then again I’ve never seen a UFO and that doesn’t mean they don’t exist, or does it?
February 8, 2008 at 11:57 PM #150513temeculaguyParticipantI wonder if the people who walked away from their homes and got hit for the forgiven debt amount also get bumped out of the range to get the rebate. Wouldn’t that be ironic since that is who they are trying to save.
Don’t feel bad greensd, if you spend your free time reading financial and math related blogs the liklihood that you will remain in the 30k bracket is fairly low. The type of person that finds math, markets and captalism a fun way to spend to their leisure time is the same type that ends up not getting rebates at some point in their life. Conversely, the person that knows the current point standings in Nascar but can’t tell you how many points they paid on their neg am loan or what a neg am loan is, well, no amount of lender disclosure is going to help them.
O.K., nobody get their panties in a bunch over the Nascar dig, I just liked the how the whole “point” thing sounded so I went with it. I know, I know, there are smart, rich and sophisticated nascar fans and that caveat probably extends to country music fans as well. Just because I haven’t met one doesn’t mean they don’t exist, then again I’ve never seen a UFO and that doesn’t mean they don’t exist, or does it?
February 8, 2008 at 11:57 PM #150526temeculaguyParticipantI wonder if the people who walked away from their homes and got hit for the forgiven debt amount also get bumped out of the range to get the rebate. Wouldn’t that be ironic since that is who they are trying to save.
Don’t feel bad greensd, if you spend your free time reading financial and math related blogs the liklihood that you will remain in the 30k bracket is fairly low. The type of person that finds math, markets and captalism a fun way to spend to their leisure time is the same type that ends up not getting rebates at some point in their life. Conversely, the person that knows the current point standings in Nascar but can’t tell you how many points they paid on their neg am loan or what a neg am loan is, well, no amount of lender disclosure is going to help them.
O.K., nobody get their panties in a bunch over the Nascar dig, I just liked the how the whole “point” thing sounded so I went with it. I know, I know, there are smart, rich and sophisticated nascar fans and that caveat probably extends to country music fans as well. Just because I haven’t met one doesn’t mean they don’t exist, then again I’ve never seen a UFO and that doesn’t mean they don’t exist, or does it?
February 8, 2008 at 11:57 PM #150542temeculaguyParticipantI wonder if the people who walked away from their homes and got hit for the forgiven debt amount also get bumped out of the range to get the rebate. Wouldn’t that be ironic since that is who they are trying to save.
Don’t feel bad greensd, if you spend your free time reading financial and math related blogs the liklihood that you will remain in the 30k bracket is fairly low. The type of person that finds math, markets and captalism a fun way to spend to their leisure time is the same type that ends up not getting rebates at some point in their life. Conversely, the person that knows the current point standings in Nascar but can’t tell you how many points they paid on their neg am loan or what a neg am loan is, well, no amount of lender disclosure is going to help them.
O.K., nobody get their panties in a bunch over the Nascar dig, I just liked the how the whole “point” thing sounded so I went with it. I know, I know, there are smart, rich and sophisticated nascar fans and that caveat probably extends to country music fans as well. Just because I haven’t met one doesn’t mean they don’t exist, then again I’ve never seen a UFO and that doesn’t mean they don’t exist, or does it?
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