Homeschooling and Financial Literacy

I only know two people that have homeschooled their children.

Homeschooling though seems to be one of the fastest growing trends in education:

Fred Wilson writes:

When you look at industries that continue to operate on old, outdated, and highly regulated models (education, health care, banking, brokerage, etc, etc), it is interesting to look at the numbers of consumers who are opting out of the legacy model.

In K12 education, many people think of charter schools as the disruptive model and there are something like 3.5mm to 4mm students attending charter schools in the US now (out of roughly 55mm K12 students in the US: 50mm public, 5mm private).

But if you really want to look at where the disruptive models exist, you need to look at consumers who are completely opting out and in K12 education, that is the homeschooling movement.

Parents today may not have the time or inclination to homeschool, but the tools are there for every parent to teach financial literacy.

It drives me nuts that financial literacy is not taught in our schools. Anthony Isola says the Prussian Educational System and Financial Literacy Don’t Mix. Have a listen to the podcast at the end.

Have a great weekend.