Another recent study (I saw it on HN) said that the majority of people worried about finances spend every discretionary dollar on entertainment. This is nonsen

Another recent study (I saw it on HN) said that the majority of people worried about finances spend every discretionary dollar on entertainment. This is nonsense. Financial education (from a young age) should be mandatory. The number of people in dire financial straights should be miniscule, if everybody acted with good financial sense consistently. This is wholly a man-made crisis. Participation is completely voluntary.