Why isn't personal finance taught in school?

This is an excellent question! Personal Finance is a Parent job. It has been and it will always be. It begins the moment someone gives you cash to purchase a treat. It's that easy. Since that day, you entered the world of debt, debt repayment, and spending. Once you learned about percentages, you also understood what interest on a bank account was. All of that occurs before you turn ten years old. After you graduate from high school at age 18, you really need to start learning about money. In light of this, your parents must once more explain to you how compound interest works. Teenagers have little interest in learning about personal money. Up until primary school or the first year of college or university, your brain is not interested in mortgages and significant student loans. It is a waste of time to teach personal finance in high school. It must be completed at age 20 or 21, right before you start working. At that point, if you want to learn more, ask your parents or a knowledgeable friend. You can also attend community classes on finances, loans, mutual funds, and public retirement plans. 

It is the most important part of YOUR financial future. Shouldn’t your parents teach? That’s right 90% of Indians have no idea how to make money, an no idea how to manage what they make. Also greed and instant gratification, have huge effects on people’s finances. Stop blaming others for your responsibility!!

Because it is Personal and is best taught through excellent examples by the student’s Parents/Family.

The fact that the educational curriculum is "outdated" is one of the causes.

Someone once proposed teaching the ABCs in schools many years ago.

Guess What? Years later, they continue to teach ABC.

Posted by: @nitin-sujathamail-com

Stop blaming others for your responsibility!!

I appreciate you taking the time to respond to this topic, but if you could be kind of others and keep your cool when addressing other forum participants.

@admin_wp

Sorry about that; my fault. 

Personal finance education is rarely taught in schools for far too many reasons, particularly in India.

Even after so many years, there haven't been many curriculum modifications in India. In the past, they taught the same subject in the same way that they do now, and practically everything is the same.

Second, the majority of parents in India are uninformed about the significance of personal finance.
As a result, there is no demand for personal finance to be taught in schools or by the government.

Five concepts in personal finance that kids should learn early on include:

1. Budgeting fundamentals

2. Compounding's Power

3. How Credit Cards, Loans, and Interest Rates Work

4. Basics of Equity Investment

5. Taking care of your bank account