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3 Crucial Things That School Never Taught You

This is a guest post by Jacob Share of JobMob

Dabbawalah

Are you one of those people who say they never learned anything in high school? Me neither. I learned a lot in high school, but there were some critical topics that never appeared on the blackboard.

1) Parenting

Carrying an egg around for a week isn't parenting. The sad thing is just doing that class assignment would have already put you "in the know" compared to most other high school graduates.

Looking at how you were raised by your parents will rarely prepare you for the real thing, which is why so many people agonize before having kids and then get stressed out when they do. Or worse, they become bad parents.

2) Financial Literacy

Can you read a company's financial statement? Could you read one when you finished school?

Let's try another example- do you know what the difference is between an asset and a liability?

Most people aspire to buying their own house for when they decide to settle down. Seems like a good asset to have, right? Think again. As long as you're paying off the mortgage on that house, it's a liability, a debt to pay off, not something bringing you any immediate returns. And because you're covering a mortgage, you're actually paying much more than the house cost the bank to buy it for you in the first place.

3) Job Hunting

People should love job hunting. It's a chance to do something better, to raise your standard of living, to move up in the world and improve life not just for you, but your dependents as well.

So then why does everyone hate looking work? Because they were never taught how to do it. As a result, they lack self-confidence and steel themselves for potentially months of the resume-interview-rejection cycle and should hardly be surprised when they meet those low expectations.

What you can do

If the educational system won't educate you, you need to educate yourself:

  1. Read – there are many terrific blogs, self-help books and guides that can teach you but do yourself a favor and start reading BEFORE you need to make life-changing decisions on these topics.
  2. Learn – consider enrolling in an online course, local seminar or workshops with experts who have a proven track record for what they teach.
  3. Network – join support groups, discussion forums and social media sites whose members have similar experience or better. Try to find a mentor you can follow to success.

What do you think?

How were you able to overcome this missing chunk of your education?

About the author

Jacob Share created JobMob to bring together job seekers and jobfinders to find jobs in Israel and all over the world. The blog is filled with straight-talking advice based on real world experience and lots of humor thrown in, so you should subscribe now to JobMob via RSS or email if you're looking for a better job or just want to laugh about it with articles like the 150 Funniest Resume Mistakes, Bloopers and Blunders Ever.

photo by A Y A n

Additional Reading:  Know more about the guy in the picture above dabbawalas

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28 comments
dcr

Yes! I’ve complained about #2 before! We had gym class as a required course in school. We actually had to take tests on stuff like the rules of different sports. The thing is, if you were interested in those sports, you already knew the rules, mostly. And, if you weren’t interested in those sports, how is knowing about touchbacks or the designated hitter rule really going to help you in life? But that stuff was required!!! If you’re going to require something, how about requiring something useful? Like balancing a checkbook! Not everyone is going to play baseball or football, but darn near everyone is going to have to use a checkbook in their lives. Not to mention, as you did, financial statements. How about stock market reports? Mortgages? Etc.

I admit that I think some of those topics were briefly covered in school, but the same weight and depth certainly wasn’t given to them as they were to lesser important things!

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Nedra Zeall

I didn’t have to carry an egg around. They made us GenXers carry a five pound sack of flour. I was a good parent to my flour child until she got infested with weevils.

Jacob from JobMob

dcr- you hit the nail right on the head. It’s all about priorities.

Nedra- that’s hysterical but hey, my kids had nits too at one point. You can’t prevent everything but you can always try to react in the best way possible.

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J. Taylor

My school actually held classes on these topics. Of course they were electives, and not required classes. Since my parents were the greatest, I took Child Development and Parenting classes. I can’t recall the name of the class that covered job hunting and financial planning… perhaps it was in the parenting class that it was covered… seems to be the same general location in the school building in my memory.
It is a true statement that these things are not taught in general. And many people just don’t care to seek out to educate themselves on such matters. Sad truth. And they complain about the quality of life they live. Truth is they have no on to blame but themselves.

Mike Scott

There sure are a lot of things that we aren’t taught in school. To be honest though, I don’t know if many kids would retain that type of knowledge unless they had some real way to apply it.

As for #2, yes, a house is a liability, and you can’t just move around willy nilly, but you are getting a little bit of equity each time you pay your mortgage, and the rest of the mortgage payment can be deducted from you taxes. That’s a huge benefit, and you can’t get that from renting.

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pearl

That’s great discussion guys. Thank you Jacob for writing it.

We didn’t have to carry flour kids or eggs around either, although the child development class and home ec kids did something similar. Economics was a required course but accounting wasn’t.

Some of these things can certainly be learned in an online course, but for something as wide a subject as parenting, I guess it’ll have to be a life long class as you can’t anticipate every possible situation.

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IT Governance Blog

Most people hate job hunting (and networking) because they only do it when the really need a job. This puts a lot of pressure on you and it only makes sense then that people don’t enjoy it. The time to network and job hunt is before you need it – then it can truly be enjoyable when YOU are in charge.

Bill

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RennyBA

Interesting observation again Pearl and I mostly agree and will emphasise one thing: The lack of learning networking in school is a pity, but it’s never too late. Its kind of a life long learning study and you know I love it :-) Just an example:

RennyBA

Wishing you a great end to your week!

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Deborah

Great article Jacob. I would however, like to raise a couple of points in regards to buying a home before settling down.

Depending upon market and area, it can actually be one of the best things you could do for your financial investment. I purchased my home about 10 years ago. At the time, my mortgage was equal to renting an upgrade-level apartment. In today’s market, my payments are at least half of what many are paying for bachelor suites. You have to live somewhere anyway, right?

But besides that, what seemed a lot of money for an average bungalow at the time is less than 25% of what it costs to buy a house on today’s market. I had urged a couple of my single friends to buy their own homes several years ago, and they wanted to hold out. Now they have had to pay more than $400K for a small bungalow. I have no idea how they’re managing a mortgage on a regular salary, when they have only about 10% of the mortgage as their downpayment. Some are taking out 50 year mortgages just to be able to do so. Shudder!

At least I have the possibility to pay my mortgage off entirely before the initial 25 years are up. For them, they would have to come into a lot of money somehow to be able to do so. And should I move to another city, I haven’t lost anything by selling.

Mike Scott

@Deborah
Those sure are good points, besides the tax advantages. The other nice thing is that if you were to move, the money that came from selling the house would offset the purchase price of a new house.

Of course, at least here in the US, most housing markets are pretty beat up, and it’s not a good time to sell. But if someone is looking for a house, this is a great time to buy.

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