Many people are quick to say they don’t teach us anything about money in school. It’s true some teachers are not comfortable teaching financial literacy and personal finance is rarely a graduation requirement. But one of the most important money skills is taught in schools across the country. And that skill is numeracy.
Numeracy is the ability to understand and work with numbers. This includes the ability to calculate and interpret numbers using your math skills (addition, subtraction, multiplication, percentages, discounts etc.).
Last spring, I went to a track meet and it cost me $3 for my daughter to attend. I gave the young lady at the ticket box $5. She smiled and gave me two physical bills in return. She gave me a $5 bill and a $1 bill to be exact. [Read more…]