The lack of financial education

[Aikidoka]

The manipulation of the government on its citizens. I do not blame it because you would do the same if anything stood against you. And as a matter of fact, bitcoin surely is against the government and the economy system. They would not teach a threat to the kids until they grow up liking it.

The only solution is the internet. If you have a sense of acquiring knowledge, you will be able to come across "bitcoin" sooner or later. But if you are like the majority of Earthians, you will be just informed about the existence of bitcoin. And let's see if you get interested or not.

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[Eia Eia Alala]

Lack of financial education is not a coincidence, but something well planned by governments.
They don't want that citizens understand what happens, so they can manipulate them with easy.

[Koadharber]

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?

Yes, you are right. There are subjects at school that you cannot use in a practical way.But it doesn't mean that you don't have to learn math, science, literature and other subjects. Life is a continuous process. You must never settle for less.

If the government would allow cryptocurrencies, it will surely open up new opportunities for many people and it would really catch their attention. As the government accepts Bitcoin then they must also do advertisements about it to make bitcoin popular. Most of us people are confident on the government. If the government allows something the people will be more encourage to do/have that thing as well.

You are right life is complete with education and it is not good to get involved in only one kind of education the financial education. I know bitcoin is going to have bright future for those who are not good financially today, it will make us rich with time as nothing is impossible learning today will give you bright future so increase your knowledge about crypto currency and get more chances to make bright future.

Its always been part of the reality that we would think off on how to sustain ourselves into learnings into things around us and not all people would really have the chance or opportunity to know about cryptocurrencies but yet this is not the only thing we should focus on and as being said there are still some factors we would need to know not only on financial aspect but yet having a knowledge into money making opportunities would really give the edge.

[Pasaway2701]

I really think that many people have not much knowledge about how to handle money.
When I look at ebay for example, one and the same product is sold in a range of 50% in price. Why are some people willing to pay that much more?
The only thing I can think of is that they did not compare the prices. And that is one of the basic things in life. Knowing how much something might be worth.
It's the same with cell phone contracts or insurances or bank accounts.

Sometimes people do not think how much they spent when they really want something to have. They did not become practical on their life that is they do not compare the prices but they want to see the quality of it. People buy things by contract because they cannot provide it when they need to cash it out.  They know that they will pay less than that when they give cash but they can have shortage in financial.

[aardvark15]

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 you are correct that it is a problem. However, in this age of the internet, there is a lot of information out there to help us educate ourselves.

We no longer need to rely on physical classrooms or even libraries. The internet has just about everything we need to teach ourselves about finances. It’s just a matter of desire and access.

[LordDisick]

We as the parents must be the one teaching because this kind of problem is common in our household. So give some responsibility to your child to calculate the expenses and to give solution how to budget the parents salary. This is the greatest way to them to be aware that there is an alternative learning that can be useful in daily lives and that one of our responsibility.

Yes I do agree that this kind of problem must be started at home and we parents should teach them about it. I do believe that education is very important that's why we send our children to school but I also believe that not all learnings can be taught at school. Experiences is a big factor to become successful in life.

[inillo]

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 you are correct that it is a problem. However, in this age of the internet, there is a lot of information out there to help us educate ourselves.

We no longer need to rely on physical classrooms or even libraries. The internet has just about everything we need to teach ourselves about finances. It’s just a matter of desire and access.

I fully agree. I have a College degree, yet I have learned much more by myself that any teacher has even been able to teach me, and that just considering purely scientific matters... not life lessons themselves. However, the teachers role is to stimulate the natural curiosity, and they could do that regarding economy.

[Scripture]

The government doesnt need financial advisors. All subjects benefit the government. In fact, you can only have those financial literature courses on college and if you dont want that track, you will not able to learn it for your life. Even professors just let students read books then make study for themselves. If you dont want to learn this things, they will not teach you.

[samcrypto]

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?

Financial education is really important nowadays specially to all millenials. Here in my place a lot of financial seminars for free but some young people seems like they don't care so i think the education must come first from your family. A lot of opportunities to become financially free, but it will depends on your commitment.

[214missy]

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 you are correct that it is a problem. However, in this age of the internet, there is a lot of information out there to help us educate ourselves.

We no longer need to rely on physical classrooms or even libraries. The internet has just about everything we need to teach ourselves about finances. It’s just a matter of desire and access.

I fully agree. I have a College degree, yet I have learned much more by myself that any teacher has even been able to teach me, and that just considering purely scientific matters... not life lessons themselves. However, the teachers role is to stimulate the natural curiosity, and they could do that regarding economy.

Everyone have ways to do a financial education, sometimes self study would be the best way to do and experience it even if we are just earning  a little. As a matter of fact I myself are doing this as I wanted to become expert when it comes to managing my hard earned money because financial education is really important nowadays specially to all millenials.

[arlington]

unfortunately this kind of education starts from childhood and parents have the most influence on education, but in the society where I live the parents just tell that you should concentrate on school and leave economy aside.

[simpleholmes]

the biggest diasdvantage of teaching economy is that we just depend on theories and if`s in general but if we could teach them finance and economy with practice by giving them money and teaching them how to manage it, economy would be more fun as well as more practical.

[bib24]

The common mistake that most of us are facing being ignorant is that, enabled to follow the current trending things we tend to spend more that we earn. Being financially literate is very important, everyday we are making financial decisions that can affect our lives (present and future). Raising awareness from our government might help, our family play important role as well. If you really want to learn then you can self study or attend seminars, and for the children they can learn early at home from their parents.

[Ravenangel]

Education is a must in every country. If citizens are educated enough there is less problem over poverty, graft and corruption, drugs and even terrorism because people already know the possible outcome of these. They learned already how to fight against these situation. In highly developed countries, poverty is not a major problems since people easily find jobs that come support their needs, but in countries where education is not a priority, there citizens also rely only what the government can give them. They don't even exert enough effort to support their personal needs. And so this education should be a top priority of every country so that it can give them a good outcome in the end. Education must at less financial burden if not free to all.

[koehlebd]

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?

Why would it be the government's responsibility to teach anyone about something it didn't create, doesn't control, and doesn't endorse as a currency or payment eco system? Basic financial education like the obligations of credit and home ownership would not entail education about Bitcoin or cryptocurrency. There's no sinister plot to "keep people ignorant" by the government about crypto, there's just no mandate for that type of thing to be taught because it's not anything the government controls.

Well the government did create dollars. And it is the government's best interest if we continue to spend the dollars on cheap foreign goods so other economies use dollars.

[Nyeyzel]

For me, the lack of financial education starts when you are born responsibility of the parents to teach their siblings to be a good individual, start to educate them in a basic way like telling them the importance of financial knowledge in their life. People should be more curious about financial needs; even they have an individual interest in life.

[Pattart]

I really think that many people have not much knowledge about how to handle money.
When I look at ebay for example, one and the same product is sold in a range of 50% in price. Why are some people willing to pay that much more?
The only thing I can think of is that they did not compare the prices. And that is one of the basic things in life. Knowing how much something might be worth.
It's the same with cell phone contracts or insurances or bank accounts.

I don't think that there are still many people who do that. I myself do experiments in the community. although people with low education will definitely choose a cheaper price on the same goods. that's why they always go around the market before buying. so does the person who has a college education. they will choose a higher quality of goods even though the price is more expensive. I think the knowledge of this finance has long existed dude. I think lack of financial education should emphasizes on how to keep money properly and not wasteful. because almost everyone do that..

[ronics]

  it just  mean that it depends on a person I am perfect in life .people want to be tasted to try everything maybe in a sussport study is really important because everyone uses financial support and tells our lives .for someone has a really different talent about a financial through towards the poor everything is active and right how everyone uses money because afterall all have well used the right way .all leaving nothing of people with decision in their lives will all want to gains a lot of knowledge towards a study or also to the usual way.

[Lomberjack]

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?

Actually people nowadays are already being familiarize and have already been aware to be concerned about financial needs and assistance now that products and services needed by the people are getting too expensive as the modern technology which makes wide innovation rises. That is why many people are getting engage with such kind of currency like Bitcoin cryptocurrency which has the potential to grow to gain and earn an income to support financial needs.

[scorilo]

the lack on financial education is one of the biggest problems this days, people don't know how to use their money they don;t know how economy works
and that is a huge problem because that why they sink them selfs into poverty