4 ms·
I feel like I fall in that camp. I received no formal money training, and frankly saved terribly when I was younger. However, I don't believe education was the
by notheguyouthink 8y ago
I feel like I fall in that camp. I received no formal money training, and frankly saved terribly when I was younger. However, I don't believe education was the problem, I believe maturity was.
I still don't know what I'm doing, but I've got a nice nest egg, I seek knowledge on how best to handle my excess money, and my wife and I are executing her higher interest school loans.
I really don't feel I have that much more knowledge than I did. I simply have the will to plan for my future life. In my early 20s I just didn't care (for various reasons).
Kids learn all sorts of things that they ignore. As a race, we seem to be really good at shooting ourselves in the foot.
Related to education though, I feel that these patterns of ignoring what is good for you is what is really at fault here. This has wide reaching implications in my mind, and is the cause of anti-intellectualism in America that is quite concerning. We just don't.. care, as a society. Until we do, I don't foresee education on finances drastically improving quality of life.
Note that I of course will always back education, I'm definitely not advocating against it. I just see this as part of a really large problem, and I've got no idea how to solve it.