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What people aren't taught is good financial sense and what to prioritize in life. We can't pretend that every child has educated family members to teach them th
by Ghjklov 7y ago
What people aren't taught is good financial sense and what to prioritize in life. We can't pretend that every child has educated family members to teach them this. And ignoring this means perpetuating a cycle of pain and suffering because the uneducated poor have kids too, and they'll be the ones teaching them how to live their lives. There were no classes that could've prepared me to invest into appreciating asset X instead of depreciating asset Y, which is a trap people fall into far too often to just ignore as a fact of life. There's nothing in the typical school curriculum that could ever teach some people that money should be prioritized toward important needs (housing, good food, etc.) instead of frivolous wants. Especially considering that entire industries are based around trying to part these people from their money year after year. Horrible from an environmental standpoint too.
Not saying you're wrong btw, just throwing something out there.
- hurricanetc 7y agoI hear what you are saying but it’s 2020. If you don’t have basic financial literacy it’s because you don’t care. And fundamentally I don’t understand how someone could be short on paying bills every single month and not think to themselves “gee maybe I should search the internet to help solve this repeated problem that I have.” Somehow 33% of people can’t pay their bills every month but smartphone penetration is greater than 66%. How do so many people have access to the entire knowledge of humanity in the palm of their hand but also have not EVER searched on the internet for financial advice?