The lack of financial education

[cluit]

I quite agree with this poin of view. Currently education is not so good to be succesful person. Students do not teach economy and finance that are always in you life. So the only think we may to do is self-educate)))

Good and standard education is provided to only those who are having great bank balance and are owners of factories or mills.

Finance, economics, statistics are taught to only those who are majoring in these disciplines. They only know how to plan their budget effectively and stay out of the range of scammers and frauds. Rest of the people are struggling always to understand these financial things to be successful economically.

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[acener]

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 don´t get ripped-off?

We all know that economics and financial education involves the subject mathematics. This must be the reason that's why some people find it boring. But, if we impose to people's mind that when it comes to money, they shouldn't let themselves be bored or uninterested with it because it will cost them fortune.

[GrayFullbuster]

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 don´t get ripped-off?

It is true! So I think it is better if the government will focus to teach cryptocurrencies to the students. Bitcoin is our future money so it is better if all of the students will become aware to what is bitcoin.

[pathapoddo]

It's true that we think that science biology chemistry will be help us in future. For that we told our children to study in science. But after all the day of our life even every minute we live with finance. We calculate with finance. I think we should build a commerce school and college individually.

[Haterstestbtc]

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 don´t get ripped-off?

It is true! So I think it is better if the government will focus to teach cryptocurrencies to the students. Bitcoin is our future money so it is better if all of the students will become aware to what is bitcoin.

Yes, giving additional information to the students and youth to educate about how crypto currencies are being dominant in the international online business on how to cooperate without money involved it could be like that. Investment is not suitable to teach because it maybe a victim of scam and others phishing money.

[gatti]

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 don´t get ripped-off?

In our education system,finance is separate from it.We have to teach our children about the financial problem and conciquences from it.If we teach children about finances,they will get into cryptocurrency for sure.If they get into cryptocurrency earlier,they will gain a lot of dollars.

[snowwyjonny]

Actually schools are not lack of financial education, because there are some subjects that focuses on finance and related stuffs. Such economics, finance and etc. But just like any other subjects or courses, everything it is not being taught at the school most likely they focuses on the basic ones then it is your job to expound your knowledge. Thankfully there's a forum like this, on which we are learning so much about our economy, finanancial, trading and other stuffs.

[Indai24]

Actually schools are not lack of financial education, because there are some subjects that focuses on finance and related stuffs. Such economics, finance and etc. But just like any other subjects or courses, everything it is not being taught at the school most likely they focuses on the basic ones then it is your job to expound your knowledge. Thankfully there's a forum like this, on which we are learning so much about our economy, finanancial, trading and other stuffs.

Also, lack of financial literacy may lead to making poor financial choices, yes it is true that shools does teach students on how to be fully equipped on making financial decisions however it is always a choice if you yourself will apply what you've learned from school and mostly from your everyday experience.

[thrylos]

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 don´t get ripped-off?

This is a big concern because it is about the problem of the country being unaware about economy and finances matter. I am not an expert with this nor understand it deeply but I know how important it is specially to the next generation because they are the one who be affected by every action we leave for them.
So my best suggestion is to start educating your family about this, you may not tell it to all but at least you save your family?
Selfish? Yes! But is there a thing that you can give to educate all? If none, then the best choice is family, and who knows this selfish act can lead to awareness of many through your family.

[YzzyGo]

We all have our own strengths and weaknesses. Basic economics were thought to us during high school like supply/demand and balancing books with assets/liabilities. In-depth financial education will depend on what we want to do during college.

[BaraxLo]

Perhaps the most powerful way to improve science especially to discuss about finance is to make new lessons in various school.So After they start graduation is not too dizzy to find a job just by maximizing the previous science in order to compete healthy with anyone and certainly able to earn income.

Students do get introduce to subjects like economics and accountings once in their lives. But it mostly happens when they are doing bachelors. I think such courses should be taught at a younger age because college students either have one track mind or no plans at all. In both the cases they would care less about Finance. The sense of responsibility needs to be developed in a person during his childhood.

[Canis Majoris]

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 don´t get ripped-off?

I think it is mainly because you won't find qualified people that would be able to teach this discipline properly. It is not like math, or literature, or history. It doesn't mean that there are no such people, but their time would be pretty expensive for any typical school in most countries. Would they really be interested in that and why? In essence, you are asking that someone should be teaching the youth how to live since genuine financial education is very important and significant part of everyone's life. But this is what good parents should do, not the school, to teach life and how to live it.

[greygroundz]

What can we do to make more people interested in economy and finance and to better educate the youth so that they don´t get ripped-off?

We all know that people without education are like weapon without bullets. So with proper education imparted to youth, the youth can become productive, scientific oriented and ideal citizen of the society, it will only happened if our economy and finance are in the good situations.

[Shutup]

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 don´t get ripped-off?

The lack of financial education, bitcoin gives financial assistance to my nephew. He used to go to school just his fare he has no budget for food. He just wants to go to school to have no absent. But when he got his first salary he has a budget already until he's continually get his salary he's the one who's paying his tuition fees. And also he can help his family needs. Because his mom has so many debts, he's paying it little by little when he get his payment. So bitcoin can help in any situation.

[andrei214]

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 don´t get ripped-off?

Teaching economics and finance are really hard.Not all students are interested on finance and economically based subjects.But if we try to connect it on the daily life of everyone specially to students,maybe they will get interested about it.

[adolf512]

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 don´t get ripped-off?

The fact that people need a good education (financial including) is certainly. But I think every person should choose what he wants to do and what he is interested in, and in self-development. Crypto currency is no exception.

[nasipadang]

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 don´t get ripped-off?

I understand what you think, but I think the lesson about financial is taught in the home environment because they can not make money yet, but if for those above the age of 18 years or high school I agree. In economy class is definitely taught to do business as well as all financial advancement, it is based on my experience because my friends studied in the college economy class.

[yonghaseo]

Basically students were taught and trained academically by school rational values in home  that can perhaps lead them to be in good tract. But only few schools and somehow parents practicing to educate their children/students specifically in financial aspects.

For me as early as a young age its important to guide and let them feel how useful it is, which they can gain in any form without worrying and consequences involved.

[Sled]

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 don´t get ripped-off?

I understand what you think, but I think the lesson about financial is taught in the home environment because they can not make money yet, but if for those above the age of 18 years or high school I agree. In economy class is definitely taught to do business as well as all financial advancement, it is based on my experience because my friends studied in the college economy class.

Knowledge about financial is not always taught from home or school because sometimes, you need to do self study in order for you to find out by yourself and so you can be able to know what are the things that are right to do and to the things that are bad thing to do. Financial education is very important and for me, we should not depend on the other people and we should do it by ourselves.

[Joy12345]

Teaching students about literacy and other subject is not yet fullfilling if they dont know how to manage their soon to be income or money and thay is what we call lack of financial education. Students need to learn and study on how to manipulate or on how to use their money. It is very important because soon that they will have their own family, they need to budget everything of their financial needs. Maybe at their young age, they are not interested on how to manage money but soon it will help them a lot so they need to realize that as soon as possible, they need to learn on how to manage their money.