Tuesday, September 15, 2009

British Starts educating finance in Primary School

One of the nicer effects left over from Lehman's trigger on world finance crisis is that now British starts to teach finances even in primary school. All the kids are taught what finances are all about, how to start a business and the importance of accountings etc.

The timing couldn't be more right especially when Internet has changed the way business can be.

Although there will be doubts on who can be teaching all these and what syllabus are considered 'correct' ? Afterall it is still hard to say if the world greatest finance is evil or saint. There isn't exactly a blue print to be based on. Don't forget not too long ago, Lehman is the exact blue print for everyone else to follow ...


This is nevertheless an exciting start. If I were to have a say, I would just recommend they should focus on "personal" finance first rather than the big 'finance' subject. If a person can manage himself well, the risk of a failing like Lehman would be greatly reduced ...


2 comments:

min dfin said...

This is interesting! i have never came across this so far.

Michael Tsen said...

yes indeed, there are already home made children millionaire, one way or another Internet is always involved. Now with proper FQ they probably can keep their young wealth longer ...