Do We Expect College to Take the Place of Frugality?

Let me say at the outset that I have no hard statistical evidence to back this post up. This is just something I found myself thinking about the other day based on personal observation and experience and I wanted to put it out there to see what others think. So here it is: I found myself wondering whether or not we now expect a college education to take the place of learning frugal skills.

It seems like we send kids to college today in the hopes that they won’t have to be frugal. We send them to school to get a degree that will (hopefully, unless they major in philosophy) earn them enough money so that they won’t have to deploy any frugal skills. The hope (or expectation) seems t

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2 Responses to Do We Expect College to Take the Place of Frugality?

  1. krantcents says:

    Although I would like to see a financial literacy requirement for graduation, I believe parents should teach young people about frugality or money. Most children will emulate what their parents do regarding money anyway.

  2. Gail says:

    Your post reminds me of the show downsized, that my son tapes and brings over since I don’t have cable. At one point the dad was bringing in over a million a year into his business and life was good, then he lost it all. At one point in the show they showed the kids at the grocery store using a food stamp card. They found that they only had about $2 in the account so what did the girl do? She bought a packet of gravy! Gravy and other cooking skills are things than kids need to learn to make. This family with 7 kids, a mom that doesn’t like to cook or isn’t a good cook (haven’t figured it out yet) and a dad who works hard and is the only one that seems to know anything about cooking. What happened to people learning these skills? Even if your parents didn’t teach you, there are plenty of cookbooks that show things step by step. The same with sewing. I have taught myself most of my sewing knowledge. We live in an era of lots of easy to access knowledge and too many don’t want to take advantage of it.

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