Nick HutchisonFounder and CEO, BookThinkers

Why don’t we teach personal finance in school? #shorts

20 Sept 2022 · 1 min

Watch on YouTube

0:35

In this YouTube short, the speaker laments that personal finance is still not taught in schools as of 2022. He recounts that at age 23 he accumulated about $15,000 in credit‑card debt, describing the high‑interest burden and how it limited his ability to afford basic expenses. He attributes this financial misstep to a lack of money‑management education and expresses regret that he didn’t learn these skills earlier. The speaker concludes by recommending that a book on personal finance could have prevented his situation, urging viewers to seek self‑education on money matters.

Chapters

Can you believe that it's 2022 and they still don't teach personal finance in school? It seriously blows my mind. And honestly, if they did that when I was 23 years old, I wouldn't have had the $15,000 of the credit card debt that I landed myself in. Literally ball and chain, APR game swap over, and couldn't even charge my groceries. I had to figure it out, and it took me some time. And I wish to God that I had known about money when I was in school, I wouldn't have taken that leap into adulthood and failed. That was like my first big fail in life. And that's why a book like this can help save your butt.