The lack of financial education

[rafiADN]

I think in the world of crypto can learn finance, in my country many youngsters who still school play crypto after I studied they do not ask for an allowance for their snacks, they can even manage their own finances. for example, they play trading they will know when to buy and sell, of course, also they will think profit and loss yes it is also included in the category of a financial economy in terms of regulating finance.

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[SportsbookBettor]

           The lack of financial education  reflects in our society in these days people may acquire the knowledge of finance through their experiences . Financial subject is also important in our daily life or else if they know nothing about financial control nothing will be left over .Financial education is acquired by while we grow up and getting deals with different people around us and from the surroundings .Finance education is the study about how to utilize money and how to save  or invest money.

This financial education now is very important to us. Aside from learning from experience. We need to learn it by the books, i myself is a spender before and i leave with just enough money thru out the week until i got salary. Now, i am able to save as much because i care now for my financial status. Unlile before that i get to used to spending without thinking if i need that things or not.

[Creating N Action]

Financial Education helps everyone to enhance their knowledge and skills even the individual's talents are already given. It also leads for a better future because through financial education it's start  to learn more things especially when we talk about money. People can achieve their goals when they work hard and  we  all know that  financial education is  more on business.  Education is  not  only about knowledge inside  the four  corner of the classroom but also outside the room. Moreover, I can witness how cryptocurrency especially  the BTC help many people  make money  in  an  easier way.

[ExtremeFacials.com]

There is an age, where everybody is accountable for his own education level and skills, but still it would be good to have a classes that teach about fininces, stewardship and new things like crypto.

[GalaxyWorld]

The lack of financial education is very risky for investors. If you are a real estate investor you do not know anything about real estate or you are an investor in the virtual currency market but you do not know about virtual money markets. The fact that you invest in and lose money is just a matter of time.

[angaper]

It has always seemed to me that the financial issue has been largely neglected in basic education programs in many countries, relegating this valuable information only to educational programs specialized in the economic-financial field, and that is why it is not surprising that this lack of preparation on the subject is leading to such a large crisis in the handling of debts and credits in most countries.

I have always thought that education in these subjects should be taught from very early ages, thus would open the door to a radical change in the financial concepts of the new generations, more open to the use of cryptocurrencies.

[Farvin2]

Lack of financial education is one of the most common reason which results in the loss of a huge amount of money. But most of school doesn't have, they don't have anything to do about applying what they are teaching in real life.

[Godday]

The stupidity of people today. in financial terms they can not manage because of their negligence. they become careless. a lot of money does not mean success. but financial strategy is the main thing

[Smokey Bob]

I think most people are actually at least a bit financially aware. They know that the loans advertised on tv with 45% yearly interest isn't good, and that they should be avoided. However, they also like the luxury of not thinking too much about how they spend their money. In my friend group the majority just don't give af if they spend 300$ on a night at the town, even if that's a good deal of money to them. They just choose to value freedom right now over freedom later, which is their choice. On the other hand you have really ignorant people who will buy a new TV with one of those 45% interest loans, and then pay it off over 5 years. These people should not be in charge of their own finances.

[Rizqi]

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?

all knowledge is good, and young people need it because it is a need that will be the main capital in welcoming the future and their foundation to solve the problem, but according to my knowledge if we really want them to know and how they indirectly want to know will science from an early age to educate, the main role is their own parents, because newborns will behave according to the circumstances of the parents, so try to educate your baby, how to behave with a good person, but you have to set an example well, after good behavior from a little time to provide your knowledge intake and you always monitor its progress and you always receive the curhatannya, and you invite to discuss the problem, the discussion a little help them to be critical. that I have experienced it and indirectly the child will respect us and remain critical, listen to your consideration but remain independent to defend his belief, it is my experience as a child of the parents as I said from the beginning.

[Chachacoin17]

The stupidity of people today. in financial terms they can not manage because of their negligence. they become careless. a lot of money does not mean success. but financial strategy is the main thing

Financial literacy is very important. It allows people to make informed and effective decisions. Having the lack of skills and knowledge can lead to huge loss of assets and failures to face having no abstract awareness of what it is.   It's a big deal and one must need more education to address this.

[BertoloyBTC]

Maybe we or others have lack of financial education, this financial education is very important to us especially if we are dealing with money and important in our daily life needs which deals with money , we must be educated on how plan and manage our finances so that in the end we will not suffer financial crises due to lack of financial education in our life.

[Lan75]

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?

You are absolutely right, here in our country we don't teach to our young ones or in school financial education. I think this a priority to a man's life because whatever amount of money a person had and he don't know what to do with it, it will go to waste. We should teach financial education to our children while they are still young.

[phpartisanmaster]

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, the problem is the investors in the market that is not well knowledgeable about the system and they tend to lose their profit that will make them quit on trading, most of the traders are suffering in this kind of problems.

[MS.LAWLIET]

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 mere giving of allowance to a child for a day maybe even for a week or months is a way of teaching him financial education. he will learn how to manage his money and the risk of spending all his money at the first day of giving it will teach him a lesson how to budget things and only to buy what is necessary.    the government can help it's people having knowledge about bitcoin by having a seminar or activities that will teach them something about how cryptocurrency works.

[Chusnul]

The problem with inequality is that people who lack education in history and economics think inequality creates other problems. This question illustrates the problem. Mostly this affects the sort-of-educated middle class who have plenty of money. Incidentally, buying assets is not the best way of working oneself out of poverty. The best way is working and learning skills. Unfortunately, too many people are prevented by government from working because they do not yet have skills to earn more than the minimum wage. This is not a problem of inequality.

[rosepetals]

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 can manage financially as we grow older, everyday was a learning even if we studied so hard,memorize every formulas to pass the test in school but we can't be sure that these formulas will be applied in our true life.This was just a basic learning but it doesn't mean we must follow it as  we live our life .We might make different formula to make things work.

[btcrut2017]

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 should start with the parents so that grown up children can see its value. As parents we should teach our children a debt free life meaning they can manage their income well.

[yanlap]

The lack of financial  education well that is the cause of poverty and lack of self steam and self confidence through gaining financial support.And it depends upon them how they use their knowledge of creativity to earn money.

Lack of financial education is a bad. How can you do something you do not know about? One has to have the basic knowledge of the technology and the information about the market behavior. Besides, some knowledge of finance and economics is also important and helps in molding plans and strategies. Only them you van earn in Bitcoin or whatever you invest in.

[budz0425]

The lack of financial  education well that is the cause of poverty and lack of self steam and self confidence through gaining financial support.And it depends upon them how they use their knowledge of creativity to earn money.

Lack of financial education is a bad. How can you do something you do not know about? One has to have the basic knowledge of the technology and the information about the market behavior. Besides, some knowledge of finance and economics is also important and helps in molding plans and strategies. Only them you van earn in Bitcoin or whatever you invest in.

It is sad that as I am growing up when I was just a student my parents kept telling me that I need to finish my school so that I can find a good job and they did not told me that I should have at least business because they are saying that it is risky to have your own business and to be a professional should be my priority.