Financial education is a skill that is not been taught in schools, but to me it's the most important subject a man must learn in other to be financially independent.
This knowledge gives you smart money making decisions, and it improves your standards of living, It gives you priceless money management skill, you can't spend more than what you earn as a financial literate.
I still don't know why it's not been taught in schools up till now.
The rich dad poor dad by Robert kiyosaki explain all what it entails and the stability it gives financially.
You can learn how to manage money, and how to budget it, but those lessons would be very different depending how rich or poor you are. Money problems and money use in general look very different when you scale it way up and down .
But, sure, people should learn HOW to even invest. No matter if they invest, when only rich kids have a clue what they are doing with their money after school, something is wrong.
But in the end. Goal woudln't be making everyone rich as there can be only so many rich people. Money loses worth wihen workers are rich enough and want more money for their work. In purely capitalist system, rich people need poverty to keep being rich, as without poor, there wouldn't be anyone to exploit.
that's true, but the most important thing is that we have to be able to manage finances well, because the goal in my opinion is to be able to do the best by managing finances, also for example if we have a limited income, no less and no more, but with good skills in managing finances. can make us use our limited income well. and conversely, if we have a large income but cannot manage it well, it is possible that this large income could be wasted for nothing.
I agree with you, without poor people without poor people there would be no people to exploit. In my opinion, we live in need of each other, where rich people sometimes need the labor of poor people while poor people need income or income that can be obtained Also, in my opinion one way to manage finances well is to record expenses, because I myself didn't do this at first when I had a fairly large income, but I was surprised and annoyed why within a short period of time the money I earned had run out, so that's why So I record my expenses and reduce expenses that are not too important.
