As a parent, it can be overwhelming to try and choose the best school for your child. There are so many factors to consider, from location and size to academic focus and extracurricular activities. One important factor to consider is whether the school teaches real-life skills like entrepreneurship, behavioral economics, and personal finance.

In the 21st century, it is increasingly important for schools to teach these real-life skills to their students. Entrepreneurship helps students develop critical thinking, problem-solving, and communication skills, as well as a sense of innovation and creativity. These are all skills that are essential for success in the modern world. Behavioral economics helps students understand how their own thoughts and behaviors can impact their decision-making, enabling them to make better choices in their personal and professional lives. Personal finance is also a vital real-life skill, as it allows students to manage their money and make smart financial decisions that will serve them well in the future.

On the other hand, a school that follows a centuries-old curriculum and repeats the same old experiments may not be preparing students for the 21st century. While traditional subjects like math and science are important, they should be taught in a way that is relevant and applicable to the modern world. By focusing solely on rote learning and exams, these schools may be missing the opportunity to teach students valuable real-life skills that will serve them well in the future.

As a parent, it is important to consider whether the school you are considering for your child is teaching real-life skills like entrepreneurship, behavioral economics, and personal finance. These skills can help your child succeed in an increasingly complex and rapidly-changing world and create their own opportunities.