|
|
wachovia personal finance
Navigation
MORE RESOURCES
Charge network to service electric carsBetter Place Australia (BPA) will roll out the world & #39;s third large scale charge network to service electric cars across Australia from 2011.Aussies & #39;living in prosperous times & #39;Commonwealth Securities chief economist Craig James says a new measurement tool launched on Monday shows that Australians are indeed living in prosperous times.British Airways and union claim advantage in strikeLONDON (AFP) - British Airways said Sunday it was reinstating some flights on the second day of a strike after more cabin crew than expected turned up for work, but the union claimed it held the upper hand.Emission-free future for Australian carsUp to 20 per cent of Australia's cars could be emissions free by 2020, according to a key player in the global electric vehicle industry.China warns US against yuan sanctionsChina has warned it may retaliate if the United States imposes trade sanctions and other penalties over its exchange rate policy, state media reported.India faces more rate hikes: analystsMUMBAI (AFP) - India's central bank looks set to tighten monetary policy further after raising interest rates for the first time in nearly two years as it bids to check spiralling inflation, economists say.Japan planning 14 nuclear plants: reportTOKYO (AFP) - Resource-poor Japan is planning to build at least 14 nuclear power plants over the next 20 years to reduce its reliance on other countries for its energy needs, a report said Sunday.AMP cuts rates on entry level mortgagesA stronger securitisation market has enabled AMP Bank to lower interest rates on entry level home loan products after hiking mortgage rates earlier this month.Qantas, S African code share criticisedVirgin Group boss Richard Branson says a lack of competition in the African skies should have barred Qantas and S African Airways from code-sharing on routes.Daewoo to recall 58,000 vehiclesGM Daewoo Auto and Technology is recalling more than 58,000 vehicles due to manufacturing defects, government officials say.Greek debt throws spotlight on civil service excessATHENS (AFP) - The financial crisis rocking Greece has brought into focus the warped reality of the country's civil service, where a long tradition of political perks has bred fiscal disaster, analysts say.Greek drama reveals a more euro-cautious GermanyBERLIN (AFP) - As Europe looks to Germany for answers on how to bail out debt-stricken Greece, Berlin has become ever more willing to defend its national interests rather than toe the European line, analysts said.Bangladesh too cheap for comfort for some brandsDHAKA (AFP) - The process of outsourcing production by Western companies is all about finding cheap labour to cut costs. But in Bangladesh, some retail groups are finding the wages too low for comfort.GM Daewoo to recall 58,000 vehicles in S.Korea: govtSEOUL (AFP) - GM Daewoo Auto and Technology, the South Korean unit of General Motors, is recalling more than 58,000 vehicles due to manufacturing defects, government officials said Sunday.China says trade deficit likely in MarchBEIJING (AFP) - China's export-dependent economy is likely to experience a trade deficit in March, a senior government official warned Sunday, possibly signalling a slowdown in overseas shipments.
Learn
How
One Person Made Over $9,000 In AdSense Commission In One Month!
Just
for visit this site, i have for you this incredible free quality gift
‘Free
Download Case
Study v.2’
|
|
| |
|
wachovia personal finance Article
|
Should-business---personal-finance-be-taught-at-school-
By Naz Daud
What business & personal advice do you wish had been taught to you when you were at school? Isn't the purpose of education to prepare children for the real world?
I believe that all children should learn basic business & personal skills from the age of twelve to sixteen years. Why not teach children how mortgages and pensions work. Everybody needs a place to live and if they have a long life they will need to retire one day.
Schools should teach their students how to manage credit card debts. They should be taught how credit card companies make their money by charging extortionate amounts of interest far higher than a personal loan to people that pay late.
Students should learn how to negotiate and barter. After all they are going to be doing this every day for the rest of their lives. What about learning the difference between mark up and profit margin?
Learning how to handle money would be the best compulsory course at school. If you add a class like "Business & Personal Finance" and make it standard for all children then what subject would you remove or do less off?
I had a period a day of Latin. This has been pretty much useless in my life. Has anybody benefited from learning Latin? I read about the Greek gods, translated old books and I have to admit that after doing it for over 4 years, I only remember a handful of phrases now.
How many of you remember sweating over stuff like Algebra and Trigonometry? Has this been useful to you in life? Surely this does not need to be taught in such detail to every child & only needs to be taught to budding scientists and mathematicians?
I had art classes. Where they really necessary? I was also taught how to knit and dance? What was the point of that? What about religious education? Shouldn't this type of stuff be taught
in Sunday school? Should this subject really be taught in school at all?
I am not advocating that we remove these subjects completely. As you can see it would be really easy to teach slightly less of some other subjects to make space for one period a day of Business & Personal for all older children.
Would this benefit the UK economy? I am sure it would. Imagine students leaving school having basic understanding of fixed and variable interest rate mortgages. They would have learnt how to manage their bank account and check their bank statements. Wouldn't it be great if they knew how to calculate gross / nett profit margins and compare one investment with another?
Many people will make the argument that this information should be taught by parents and not by school teachers. The problem is that many parents themselves do not understand basic concepts of personal finance! Some view their own personal finances as a private matter that should not even be discussed in front of the children.
What subjects do you think they should teach more of and which subjects should they teach less of to make room? Article Source: http://www.upublish.info About the Author:
Naz Daud
Naz Daud - CityLocal Franchise & Business Opportunities Business Franchise Opportunity UK Business Directory & CityLocal Business Franchises Ready to copy Article in either text or html format:
We strive to provide only quality articles,
so if there is a specific topic related to finance that you
would like us to cover, please contact us at any time.
And again, thank you to those contributing
daily to our wachovia personal finance website.
|
Additional Finance Related
Resources
|
With-credit-cards-hitting-hardest--uk-consumers-tax-themselves-with-penalty-charges-on-personal-fina
By Mr Hanna
A rise in costs for users of any financial service usually results in public outcry, why is it then that so many of those same consumers allow penalty fees and charges to accrue on their credit Read more...
|
Handle-your-personal-finance-easily
By James Hunt
All too often people make the mistake of thinking that they are capable of handling their own finances without any worries at all. However, in most cases people learn rather quickly they cannot Read more...
|
Student Finance Services: Finance For Education At Its Best
By Grasy George
Over the past few years, the cost of education has increased quite abruptly. Nowadays, pursing education of your choice is certainly an expensive affair. In order to meet the expenses, the students Read more...
|
|
|
| |
#KEYWORD#
News: |
British Airways and union claim advantage in strike
LONDON (AFP) - British Airways said Sunday it was reinstating some flights on the second day of a strike after more cabin crew than expected turned up for work, but the union claimed it held the upper hand.
India faces more rate hikes: analysts
MUMBAI (AFP) - India's central bank looks set to tighten monetary policy further after raising interest rates for the first time in nearly two years as it bids to check spiralling inflation, economists say.
Japan planning 14 nuclear plants: report
TOKYO (AFP) - Resource-poor Japan is planning to build at least 14 nuclear power plants over the next 20 years to reduce its reliance on other countries for its energy needs, a report said Sunday.
Greek debt throws spotlight on civil service excess
ATHENS (AFP) - The financial crisis rocking Greece has brought into focus the warped reality of the country's civil service, where a long tradition of political perks has bred fiscal disaster, analysts say.
Greek drama reveals a more euro-cautious Germany
BERLIN (AFP) - As Europe looks to Germany for answers on how to bail out debt-stricken Greece, Berlin has become ever more willing to defend its national interests rather than toe the European line, analysts said.
Bangladesh too cheap for comfort for some brands
DHAKA (AFP) - The process of outsourcing production by Western companies is all about finding cheap labour to cut costs. But in Bangladesh, some retail groups are finding the wages too low for comfort.
GM Daewoo to recall 58,000 vehicles in S.Korea: govt
SEOUL (AFP) - GM Daewoo Auto and Technology, the South Korean unit of General Motors, is recalling more than 58,000 vehicles due to manufacturing defects, government officials said Sunday.
China says trade deficit likely in March
BEIJING (AFP) - China's export-dependent economy is likely to experience a trade deficit in March, a senior government official warned Sunday, possibly signalling a slowdown in overseas shipments.
Talk of Australian budget surplus over the top: minister
SYDNEY (AFP) - Australian Finance Minister Lindsay Tanner Sunday downplayed the prospect of the country's out-performing economy pushing the budget into surplus within a year, saying the situation remained fragile.
US currency battle with China underscores global concerns
WASHINGTON (AFP) - By pushing China hard to revalue its currency, the United States may also be doing a favor for export-driven Asian and European nations reeling from Beijing's exchange-rate policy.
Britain facing tough pre-election budget
LONDON (AFP) - Britain's Labour government will deliver a critical pre-election budget this week to help fix the dire public finances but some experts fear political posturing with an election around the corner.
Ecuador will not forget China's "mistreatment": president
QUITO (AFP) - Ecuador will not forget the & quot;mistreatment & quot; by China in failed talks to finance a hydroelectric station, President Rafael Correa said Saturday, threatening to seek financing from Taiwan.
Spain moves to save 3bln euros a year on energy
MADRID (AFP) - Spain's prime minister Saturday announced a plan to save some three billion euros (four billion dollars) a year on the state's energy bill in a further move to tackle the country's economic crisis.
Bulgarian police rally against planned salary cuts
SOFIA (AFP) - About 2,000 Bulgarian police and other state employees rallied Saturday in Sofia against government plans to cut their salaries in a bid to balance the country's budget.
Greek leader warns Berlin that EU at risk if no aid
ATHENS (AFP) - Greek Prime Minister George Papandreou implicitly criticised Germany on Saturday for opposing efforts to help his country out of its fiscal crisis, warning they risked destabilising the EU.
|
|
|
