Couldn't find anywhere (looked in F.A.Q. first) which age group this is most appropriate for. "Teens" is kinda vague!
Some clear requirement like "5th grade math" would be more appropriate.
_def · 54m ago
Knee jerk reaction: teens that need this won't have the money to pay for it
apsurd · 50m ago
Education tends toward public good will if the mission is to educate and improve learning outcomes.
I've been told there's tons of money in education! But the insight is the edtech stuff that makes money does not sell education. B2b up-skilling platforms for example sell the promise of higher earnings. Food safety, HR training sell compliance. College prep sells college acceptance, and so on.
The people with the foresight to pay for financial literacy will very likely already be financially literate.
I'm conflicted.
eru · 48m ago
What does college sell?
Btw, there's also money in actual learning things, look at eg music classes adults take just for their own sake.
(Of course, you could say that a guitar teacher is selling 'getting laid'. But that's perhaps going a bit too far.)
apsurd · 42m ago
I do agree there's money in discretionary learning. Music, dance, knitting, sports, you name it. In the scheme of things it seems niche. I don't intend to diminish the value of humans learning things.
My call out is when we think about changing outcomes for underserved groups of people, there's a hard reckoning that comes.
For example I dabbled in "teaching people to cook". It's one of the most transformative skills. After some months my takeaway is that people that pay for learning to cook aren't paying "to learn", they already know or want to get better or quite bluntly pay for food-porn, edutainment. There's thousands of published cook books of all forms. The barrier isn't lack of materials/content.
A person goes from zero to 1 learning to cook due to necessity, not my online saas course. Btw saas can work, people make a killing; but they're paying for network and "influencer" access, not cooking content.
apsurd · 46m ago
Gateway/access to professional tier job market.
This is what they sell, but it's outdated since the 50s and millennials+ have slowly realized it was largely false promises. (both sides are to blame just to be clear)
kevindamm · 11m ago
I think a lot of people underestimate the most valuable resource at universities: the access to specialized experts who love to talk with a curious and interested audience. Going through college by only kind of attending class and doing only the required work and exams, yeah the whole thing might feel like a scam, I could see that. But attending office hours, taking interesting gym classes, auditing a random class in a peripheral interest, involvement in clubs, and many other side quests will elevate that experience significantly.
If that were the only thing, yeah I could see it being a hard sell.. especially as costs have gotten a lot higher than when I went to university at the beginning of the millennium. But add in the peer network and the ease of making friends because of repeated random encounters.. and I think it's still worth it.
The whole "companies expect a degree, at least to show that you can finish a multi-year effort" was always an afterthought for me.
Yep, not disputing the data. Seems we agree: the premise is people go to college with the expectation of more earning power. The product is earning power, less so "learning", but we don't have to argue semantics.
Now the more controversial stance is we can't say this earning power is causal. That's why specifically I said people buy the gateway ticket into these higher earning jobs. It's self-perpetuating.
I can't disagree with the data, what I can say is people that out-earn non-college people is not _because_ of college. The population represented by non-college goes really down really deep for large variety of socio-economic reasons let's just say.
snvzz · 41m ago
First lesson: Avoid recurring payments aka subscriptions.
theogravity · 13m ago
Really love the idea! I tried going to the FAQ on mobile safari on iOS and can't scroll on the answer sections, so the text is cut off.
Chrisjackson4 · 1h ago
We just launched the second version of EconTeen, a financial literacy platform built to teach middle and high schoolers how money actually works.
Most kids don’t get any financial education we’re trying to fix that.
We got some, in home economics. Not sure that subject is really offered anymore?
That was mostly around budgeting. What we didn't get nearly enough of was time value of money, and the cost of credit/borrowing.
As a result a lot of people buy a car and it's just a payment. They have no idea what they are paying as a total price. They don't start a 401K because they have no concept how much difference compounding makes if you start saving when you are 22 vs. 50. Then they are upset when companies do stuff "to benefit stockholders" and never consider that they could have been a stockholder.
jncfhnb · 31m ago
> never consider that they could have been a stockholder.
They can’t to any meaningful extent.
Compound interest still sucks when you don’t have a meaningful initial investment.
No comments yet
harmmonica · 44m ago
I tried to find a freemium option that didn't require me signing up or agreeing to spend $3.99 at some later date. Could be helpful to get more people deeper into the "funnel." Like maybe open up the first 1/x of one of the 22 lessons?
If that option is there I couldn't find it so consider that a single-user usability test or just user error.
varenc · 6m ago
This is a great use for privacy.com generated credit cards! Basically, you create a unique credit card number but set its budget to $1. They won't be able to start charging you until you raise the limit on the card. That's how I think all trials should work: requiring an additional confirmation to start charging you.
Also pretty ironic that this site is designed to trick you into paying for a subscription you've forgotten about...but that's the entire subscription/free trial economy of course.
jncfhnb · 28m ago
there is some great irony on the concept of putting in a debt driven option here
dsiegel2275 · 56m ago
Curious if your platform supports LTI 1.3 for easy integration with school LMSes?
Some clear requirement like "5th grade math" would be more appropriate.
I've been told there's tons of money in education! But the insight is the edtech stuff that makes money does not sell education. B2b up-skilling platforms for example sell the promise of higher earnings. Food safety, HR training sell compliance. College prep sells college acceptance, and so on.
The people with the foresight to pay for financial literacy will very likely already be financially literate.
I'm conflicted.
Btw, there's also money in actual learning things, look at eg music classes adults take just for their own sake.
(Of course, you could say that a guitar teacher is selling 'getting laid'. But that's perhaps going a bit too far.)
My call out is when we think about changing outcomes for underserved groups of people, there's a hard reckoning that comes.
For example I dabbled in "teaching people to cook". It's one of the most transformative skills. After some months my takeaway is that people that pay for learning to cook aren't paying "to learn", they already know or want to get better or quite bluntly pay for food-porn, edutainment. There's thousands of published cook books of all forms. The barrier isn't lack of materials/content.
A person goes from zero to 1 learning to cook due to necessity, not my online saas course. Btw saas can work, people make a killing; but they're paying for network and "influencer" access, not cooking content.
This is what they sell, but it's outdated since the 50s and millennials+ have slowly realized it was largely false promises. (both sides are to blame just to be clear)
If that were the only thing, yeah I could see it being a hard sell.. especially as costs have gotten a lot higher than when I went to university at the beginning of the millennium. But add in the peer network and the ease of making friends because of repeated random encounters.. and I think it's still worth it.
The whole "companies expect a degree, at least to show that you can finish a multi-year effort" was always an afterthought for me.
Now the more controversial stance is we can't say this earning power is causal. That's why specifically I said people buy the gateway ticket into these higher earning jobs. It's self-perpetuating.
I can't disagree with the data, what I can say is people that out-earn non-college people is not _because_ of college. The population represented by non-college goes really down really deep for large variety of socio-economic reasons let's just say.
Most kids don’t get any financial education we’re trying to fix that.
22+ self-paced lessons 25+ real-world tools (budgeting, investing, taxes, careers, etc.)
Our first launch reached 2,500+ students, and we’re now gearing up for back-to-school outreach with teachers and schools.
https://www.producthunt.com/products/econteen?launch=econtee...
https://econteen.com/
I’d love any feedback, harsh or helpful. Thanks!
– Christopher
We got some, in home economics. Not sure that subject is really offered anymore?
That was mostly around budgeting. What we didn't get nearly enough of was time value of money, and the cost of credit/borrowing.
As a result a lot of people buy a car and it's just a payment. They have no idea what they are paying as a total price. They don't start a 401K because they have no concept how much difference compounding makes if you start saving when you are 22 vs. 50. Then they are upset when companies do stuff "to benefit stockholders" and never consider that they could have been a stockholder.
They can’t to any meaningful extent.
Compound interest still sucks when you don’t have a meaningful initial investment.
No comments yet
If that option is there I couldn't find it so consider that a single-user usability test or just user error.
Also pretty ironic that this site is designed to trick you into paying for a subscription you've forgotten about...but that's the entire subscription/free trial economy of course.