I keep seeing this meme of not being taught how to do taxes, but all I did was ask my parents how they worked. They talked me through it as we went through them and that was it.
Maybe the issue isnt that schools arent offering classes concerning home economics or a tax emphasized course in high school, but that people complaining about not knowing how to do taxes for retweets arent taking initiative to learn how
@ptitty1231, not everyone has a stable home with parents capable of teaching them anything, honestly.
I wonder if kids still need to balance a checkbook in high school anymore.
@ThePandaPool , they dont teach that stuff in most schools anymore sadly
@tmo0792, yea don’t teach addition and subtraction
@ThePandaPool , i only did because i took a business class as an elective.
@ThePandaPool , That used to be taught in schools?
@The Flame War, yea. I graduated in 2001, but I learned that in school.
@ThePandaPool , I sure didn’t. But checks aren’t really a huge part of society anymore now that direct transfers are a thing you can do instantly on a cell phone. So maybe thats why
@Fuggles, as a Banker, I can confirm that only a fraction of our customers balance their checkbook. Even without checks, it is very easy to overdraw your account if you don’t keep good records of your transactions (debit cards, internet, arch etc...). It is difficult when I have a customer contact us because they spent more $$ than they had after an ACH they didn’t remember scheduling hit their account and caused an NSF. I just spent $$15k on a program in which we will go into our local schools and teach these basic skills. It is an investment into our next generation of customers. Hopefully it goes well and we can help some folks manage their finances
@Dudeliness, thank you for your very detailed response. That was way better than I would have been able to explain it.
@ThePandaPool , thank you! I appreciate the feedback.
@ThePandaPool , literally no need to balance a checkbook in the modern era. Should just make finances mandatory in high school. Loan, interest, debt, stocks, taxes, cash flow.
@Implicit88, so there are literally never any mistakes made by the bank, and literally no bogus charges ever made that someone would need to compare records?
@ThePandaPool , what i am saying is there are better ways than manually writing everything down.
@Implicit88, I agree on that point; you don’t need a physical checkbook register. There are TONS of great tools and apps out there that help you do it electronically. Mint is a great app, several others do similar functions. But what I run into on a daily basis is folks don’t keep any kind of accounting of what they spend. They check thier balance online and spend based on that number (if they do that at all). Then something happens, a check they wrote clears and they forgot about it, or they have an ACH post which doesn’t reflect on their online banking until after it posts and they get an NSF. That is upsetting to people and in a way I completely understand, but we (as a bank) can’t manage thier balances for them. There are lots of other areas in financial literacy that many people just don’t understand (credit reports, applying for a loan, budget planning, saving for retirement, etc..).
@Implicit88, as a member of senior management of a medium sized community bank, I put together a committee and we planned out a series of financial literacy courses that we are going to partner with the local high school to help teach these life skills. Along with the education, we offer lots of different tools to assist them as well. Hopefully it helps; I am looking forward to seeing the results.
I don’t understand this concept that school is supposed to be a substitute for bare bone parenting. If you go into adulthood and you don’t have the basic skills necessary to function blame your parents, not high school. The main purpose of high school is to force you to develop your brain, the knowledge you get there is actually less important.
@Fuggles, I would believe that if the knowledge you got from school wasn't the basis of the majority of careers. But as it stands, it seems like school give you the majority of the information you need to succeed, but not quite enough of it.
@Marida Cruz, they dont care what you know. They care that you have the ability to learn. Didnt graduate or disnt succeed, why should they expect you to learn and so well at the job
@MetalACE, if that were the case, schools would be structures in a way that tests how well you learn. As it is, the way schools are structured does not test how well you learn, it just tests what you've learned, or rather how well you memorize information. And there is a large difference between ability to memorize information and ability to truly learn it.
@Fuggles, i always wonder how much these people remember from school anyway. Parallelograms were like, elementary school, right? With triangles and squares. Good luck teaching paperwork to kids that have trouble sitting still. Everyone likes to mention mitochondria, but that's such a meme at this point I don't think people remember it because of school
@Fuggles, the crazy thing is that wherever your education or life takes you, you can see how some pieces of your early education becoming a foundation of what you’re currently working on.
@Fuggles, Except our parents were taught this in high school. My parents, at least, had basic accounting, sewing, cooking, etc. and were always baffled when I didn't know how to do something like ironing because they assume school taught us that
@A Blunt Object, early education, definitely. But much of the concepts that we learn in late high school have little application in most job settings. But, learning these concepts forces us to use our brains which further develops them to allow us to think critically and remember better. At least that’s what I’ve heard from some of my teachers.
@Chicken0War, in my school we were taught sewing and cooking and all that, so I guess our school systems are a bit different. My guess is that as the curriculums become more dense with required stuff that need to be learned, schools are putting the stuff that can be taught by parents onto the back burner.
@Fuggles, the problem is that high school is, in essence, trying to get you ready for anything, because no one knows what they’re going to be doing career wise at that point. So they give you bits of a lot of stuff. You’ll use about 5% of it in your life, but everyone uses a different 5%...
This is crazy, but hear me out, maybe parents should take the time to teach kids how to be adults, and schools teach kids how to think critically and the basics of most education. Just a thought
@TheTipsyTurtle, home economics was a thing before they cut funding. with both parents working I can see the problem.
@hollow114, both parents work, but they still need to be parents....
Why are kids complaining about not knowing how to do taxes. Just get your ass on turbo tax and follow the forms it's not that hard. Balancing a checkbook is simple addition and subtraction, you learned that in elementary school. Seriously being an adult is stressful yes, but honestly not that hard of you're not a half brained idiot. Sorry rant over I just hate these memes its just stupid to me. Maybe it's because I was married at 17 and had my first child at 19 but honestly I've been "grown up" for a while and it's not that difficult to figure out.
@Gerbosou, 100% this.
People just complain for attention, and the worst part is how well it works.
@Gerbosou, seriously man, taxes aren't that hard, just having to wait to get all my tax forms is what annoys me, I did mine 3 weeks ago and got my refund in a little over a week
@Gerbosou, and if you don't want to do them online, or need extra help, places like H & R Block can do it all for you.
@nooneimportant13, I feel you man waiting for the w-2s and everything can suck
You wouldn't have done it anyway you lazy c#nt.
I just did my taxes online no problem. It's not that hard.
Just go to a tax specialist
Schools teach reading comprehension and mathematics. If you learned both you can do taxes.
Doing taxes is hella easy
They used to teach home econ. But fudge that. We have people to kill in other countries.