The lack of financial education

[reverseflash]

Financial education will benefit only a person able to control their needs. If a person is not able to deny himself the purchase of something to achieve a greater goal tomorrow, then what will the financial education help him?

[gabmen]

Financial education will benefit only a person able to control their needs. If a person is not able to deny himself the purchase of something to achieve a greater goal tomorrow, then what will the financial education help him?

Well being financially educated can help someone have a better view on how to control their needs. I think people's lack of education and information about how to handle expenses can cause them to make horrible decisions with their money. So being educated in that aspect is really a big help

[jinxing]

Lack of financial education is very influential in life. Not only in schools we can get financial education. Even today's children can recognize the money. But financial education is not just about money. Financial education teaches us how to invest well. Trade is good. And able to manage finances with caution. Bitcoin is valuable in financial knowledge. And bitcoin teaches how to manage money well. With financial education our lives will be more valuable

[genocide]

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?

Advertisement through social media by posting how to manage financial stability and the benefits of investing money in most respectable and reliable financial institutions, stock markets and the like. All of us can educate them, like a mother to her sons and daughters, that they should spend wisely and would buy the things that is needed rather than wanted.

[seroja17]

The Dark Phenomenon Starting from Financial Blindness

Not a few people are mired in the dark phenomenon of financially. They are in debt, suffering losses in business, and other dark phenomena. The severity of many people who are entangled in debt in the form of consumptive debt. Consumptive debt is the debt taken with the aim of financing a consumer lifestyle, such as shopping for luxury goods whose value continues to fall.

[labs0918]

Well lack of education sometimes because of lack of financial. They don't have money to educate their kids because there are many schools who are not willing to poor students or should I say no money to pay for their enrollment fee.

[cherrymobile]

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?

Lack of financial education makes you feel ignorant.You need to educate yourself and you can try some reasearch online.You can ask someone who are knowledgeable. Since in School we do basic about simple mathematical equation , You need to more knowledgeable.

[Punisherx100]

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?

Basically, if we wanted to make more interested youth in
 and finance, we should start it at school for obviously it is not being teach at home commonly (but it's a must). We should engage or students in a fun, interactive and smart activities that will help them to understand this serious possible problems in a light way. APPLICATION is very important to develop a certain skill, theorys are not enough.

[ecnalubma]

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've all been to school and it serves a fundamentals of learning the basic steps until we became mature and ready to analyze things of our own. But yes the basic things in our lives is on how to live and get a life. Learning has no boundaries but we can start teaching economy and finance if were knowledgeable enough to our families and friends. Remember that some people are not happy when majority of people are very smart and independent and those are the capitalist and elites.

[Xester]

Well lack of education sometimes because of lack of financial. They don't have money to educate their kids because there are many schools who are not willing to poor students or should I say no money to pay for their enrollment fee.

Well I do not think that there are schools who teach financial education.  It is teach by our parents at home on how important money is.  I am proud to say that bitcoin gives me savings that I dreamt of.  I now know as to how and when should I sell or buy my bitcoin.

[Smarty14392]

We are talking about lack of financial education about trading and stock marketing, but we don't realize that the vast majority of people have no idea of the basic element about money and the economic system.
I'm pretty sure that governments keep deliberately in ignorance the population, so people can't understand what kind of misuse politicians do with their money.

Lack of financial education is one of the biggest dilemma of this society and this is the only thing which is resulting in so many issues especially regarding to that of loss of money and managing of the money in the right manner. the thing is you really need to have at least some basic back ground knowledge regarding this and this will eventually help you in having some better mind to make wise decisions.

[Sled]

We are talking about lack of financial education about trading and stock marketing, but we don't realize that the vast majority of people have no idea of the basic element about money and the economic system.
I'm pretty sure that governments keep deliberately in ignorance the population, so people can't understand what kind of misuse politicians do with their money.

Lack of financial education is one of the biggest dilemma of this society and this is the only thing which is resulting in so many issues especially regarding to that of loss of money and managing of the money in the right manner. the thing is you really need to have at least some basic back ground knowledge regarding this and this will eventually help you in having some better mind to make wise decisions.

We should really focus into financial education for the first time before putting any of our money into different form of investment or invest our time into some opportunities or possible source of income because we can really value money and time if we have financial education and this is the most forgotten type of education for the people.

[btc78]

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?

Well, the best thing today is the internet. Don’t expect the solution to come from the Government, as those subjects are not on the agenda.

I think the best if you have kids is to motivate their curiosity and critical thinking.

actually i dont believe that kids must be teaches earlier on how to make earning since they must make study first,theyre mind will be filled of other part of living..but i know that they need to learn the fundamentals of having enougj knowledge of how important the life we had,so make the best out of it

[Hooda_64]

The financial education depends from place to place as there are few place who are having a high literacy rate but in some places it is low as the financial education comes from the education itself it people are educated then the financial education would also be more as it is very important for everyone.

[--DarkSecrets--]

For me, I think the school doesn't need to teach about financial. They just need to guide us including our parents. Because our parents are the ones who are always thwr to guide you based on experience. They help us budget, save and invest. They give us advices. And lso they support us

I believe that financial education has to be impleented in all academic institutions because one of the basic unerstanding we should have is to manage our finances properly to survive.
You have a good point that parents are the first teachers for financial education but we have to understand that their belief on how to use money is what makes them fall most of the time.

[Dainye_dyep]

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?

Well, the sad truth was already been stated by yours because why the government is keep on making its people study the things that they think that must be known by its people is they are also taking for granted that the practicality about life cannot be just taught within institutions such as school which makes people to be ignorant on thinking about the reality of life which comes to earning money to support financial needs because we are just focusing on studying yet cannot be apply or use it in real life manner. Although financial knowledge cannot be taught in school, it is a major need that people must be knowledgeable about life in which they must learn to cope up into different scenarios such as having enough knowledge about financial.

[maaydin]

I think that financial education which is crucial for people have to start since childhood from your family. Our families just gave us money whenever we need it but have never taught how to manage it.

[pankowri]

In the present world,the commercial world is going on.In the case of transactions,there has been a lot of awareness among borrowing,investment,buying and selling.otherwise,the amount will lose. Therefore,avoid failure financial education is very important.But still the proper awareness of the Govt hasn't been created.So in order to get successful entrepreneurs in corporate life,budget and opportunity for financial education will be increased.

[resty]

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 should really start it from our schools for somehow some families are not or not an effective teacher in terms of financial. We should engage or students to a creative and livelihood way of teaching this kind of issues. In fact this was a very important knowledge that everyone should acquire.

[BartS]

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?

That is on purpose we cannot have a society of fulfilled individuals that are all smart about how to use their money, in order for the current system to work we need mindless consumerism, we need people to spend every single dollar they make and then more to keep the economy running, and that is not enough we need people to have huge amounts of debt as well, those that realize the system is rigged like us can make an easy escape by avoiding debt and saving, but even that was not fool proof since from time to time the economy will crash destroying our savings, you could protect yourself with gold but gold ownership could be made illegal, but now with bitcoin we can protect ourselves fully against the effects of economic crashes.