Would you be in favor of school math teaching more practical things, instead of just formalized math?

I just saw something on Facebook today, and reposted it, about how schools don’t teach how to balance a check book, apply for a mortgage, apply for a car loan, open a bank account, etc. but yet teach us obscure things like Pythagoras’ Theorem.

Would you be in favor of schools teaching more practical things like what I described above, or sticking with formal mathematics? I realize that in order to compete with other countries, we need higher levels of math and science, and we value our engineers, doctors, physicists, and others like them, but yet everyone admits that much of the math we learn in school is never used again in life.