Personal finance classes probably would have a non-negligble impact on the people that just mindless spend and don’t save for retirement etc.
But I would think also that the wildly inflated housing and child care costs and the inelastic demand between the two means just an unexpected health emergency or unanticipated home maintenance spending would leave a family in debt and living paycheck to paycheck until its paid off.
Personal finance classes probably would have a non-negligble impact on the people that just mindless spend and don’t save for retirement etc.
But I would think also that the wildly inflated housing and child care costs and the inelastic demand between the two means just an unexpected health emergency or unanticipated home maintenance spending would leave a family in debt and living paycheck to paycheck until its paid off.
If you’re making $100K you probably have a college degree and therefore student loans to pay as well.