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Taking a personal finance class in high school is very valuable. I learned a lot more than what I thought I would. With inflation and the rise and fall of economies, it is hard to know exactly how to plan for a financially successful future. Other than understanding the differences between needs and wants, I think the most important lesson that
I came across was that in this ever changing world of ups and downs, there are few things that you can invest in without taking risks. One of the things that you can invest in, with little consequence is yourself. Education seems to always pay off when inflation causes everything else to rise in price.
Markets crash, and the value of a dollar continues to change, but the value of education is worth investing in. If you invest in your own education you are essentially investing in your future income and ability to acquire a job. God forbid, that we have another Great Depression, but those who were educated were able to start the climb out of their financial woes ahead of those who did not. It is always a good idea to invest in yourself.
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