Reasons why personal financial planning isn't focused on in public schools

Personal financial planning isn't a difficult concept to understand. Most problems could be solved or avoided if people don't spend more than they make. However, a significant amount of American's live paycheck to paycheck and have barely anything in savings while owing a ton of debt.

One of the things I've pondered is the topic of personal financial planning in the public school system. In my K-12 education, I only took maybe one or two classes that taught students how to budget and the importance of investing and compounding interest. Only one or two classes out of 13 years of education. If proper knowledge of personal financial planning would help teenagers from ruining their lives, how come the public schools don't focus on financial literacy?

I've heard a reoccurring explanation in the manosphere that the government wants public schools to indoctrinate young minds to turn them into socialists in order to vote for expanding the size of the government. While the logic seems perfectly reasonable to me, I think there might be a few other reasons why financial literacy isn't taught in public schools.

The biggest reason is that young students probably won't have any idea of how much stuff costs and what it takes to support a single person. This is due to the fact that kids live with the parents and the parents will pay for all the things that the child needs. For this reason, a young student doesn't keep track of the price of gas, groceries, oil changes, clothing, or roof repairs. Along with not having to pay for living expenses, a child doesn't really understand how much different jobs pay and how much effort it takes to make money. Since most Americans cannot become a W-2 employee until the age of 16, young students won't appreciate learning how to budget until they are in the last two years of high school.

Teaching young children how to budget probably won't be very effective until the student actually starts working and buying things and starts to get some real world experience.

A smaller reason why this knowledge isn't taught in the public schools is because this is knowledge that is assumed to be bestowed from parent to child. Unfortunately, a lot of children don't receive this knowledge because a lot of parents don't spend the time to teach children these skills. This is one of the reasons the manosphere exists.

It is a shame that personal financial planning isn't focused on in public schools. Financial literacy is one of the most important tools a man can have to get through life yet no time is spent on it. However, the public schools will find time to include a lot of fluff classes that are just there to babysit kids. Art, music, and a lot of literature are common classes in the K-12 system, but these classes don't provide a man the skills needed to find employment and start accumulating wealth.