Why don’t schools teach basic financial decision-making like debt, emergency funds, and how to use money effectively?

Why don’t schools teach basic financial decision-making like debt, emergency funds, and how to use money effectively? I’ve noticed most people learn about things like EMIs, credit cards, loans, and emergency funds only after they start earning — often through mistakes. Schools teach algebra, history, and science, which are important. But everyday decisions like: how much EMI is safe why emergency funds matter how credit cards actually work how to avoid unnecessary debt are things almost everyone eventually deals with in real life. Do you think financial basics should be part of school education? Or is this something families are expected to teach instead? Curious what others think. submitted by /u/Present-Fold-3813 [link] [comments]