The lack of financial education in general is a worrying problem. We teach students about literature, maths, science, ... and we tell them that those are the things they need to know in life. Yet usually, the largest single expense they will have on their lives is a house, and that normally comes with a mortgage. Yet, only a few schools will tell them what should they be expecting, the risks and the consequences of such a contract.
Bitcoin and alts is another case in which people are carefully kept in ignorance by the governments and lobbies.
What can we do to make more people interested in economy and finance and to better educate the youth so that they donīt get ripped-off?
Financial education is needed but it will not be coming from the government. It would be from our own hard work and determination on how to become financially educated. Meaning we are responsible un creating our goal to financial stability.
Many people always blame the government, but with limited funds of course not much can be done by the government, I think everyone is responsible about financial education, and as parents of course that is the main task to the child.
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