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    I'm very frustrated with how bad schools prepare us for real life. I don't want to graduate having no idea about taxes, savings or investing, so currently I'm teaching myself through blogs and online courses.

    How are you teaching yourself about money?
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    I pick it up as I go along. A little bit at a time.

    This is what parents should be teaching their children. All though I do think they should cover this in schools say in the last years of high school instead of topics like RE that are less useful, unless of course you want to be a RE teacher.
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    I think starting to work at an early age gives you a good concept of money and how to save, on a minor scale obviously in comparison to saving when there are bills to pay. I think it's something you learn as you go along rather than someone telling you everything
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    Agree, however don't you think we would deal with student debt more efficiently and be much better off financially if we all knew what to do once out of university?
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    My nan was incredible with teaching me about money. She's always been very thrifty and knowledgeable about finances, knowing when to invest in things at the right time and it's thanks to her that I've always been grateful for what I've got. Ever since I was little, say 5 or 6, when I started getting pocket money, I'd spend a little bit and save the majority and that's still how I am to this day. I've invested in the housing market already so I'll always have income coming in from rental property, although obviously you have to have money to invest in the first place which a lot of people aren't as privileged to have.
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    (Original post by financiallymint)
    Agree, however don't you think we would deal with student debt more efficiently and be much better off financially if we all knew what to do once out of university?
    they would better handle their finances however not necessarily for student debt - it comes out automatically at £21,000 in very small amounts. it should be taught but because it isn't we just pick it up as we go .
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    You just pick it up. Or google things.

    Unless you have a certain amount of money, don't worry about investing. Just open several accounts that pay a fixed, high interest rate on the first few thousand deposited.

    Saving, I always wonder why people ask about this. It's a really simple concept. Just because you have a positive balance in your bank account, doesn't mean you have to spend it...it's just self discipline.
 
 
 
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