If a person has huge sum of money but does not have any idea that how to use it and how to invest it so this sum of money will eventually ends up without any benefit ~
When you have 1 million dollars, I don't think you will have no idea to use it. There will be many ideas to spend it, but a good person should be wise to spend it and use the money for important things.
If a person has financial education then he can earn 1 million but if a person has no education and have 1 million so this money will be spend without any work to do or any other beneficial job.
Actually, having financial education doesn't guarantee you to get big money like 1 million dollars. However, if you have proper education about financial, you probably will manage your money correctly and wisely.
But on the other hand we also need to pay attention that we will not get a proper education if there is no money in it because it is clear that currently our orientation towards money is still very large.
How do you determine whether someone has a proper financial education or not?
Getting proper financial education, shouldn't always require 1 million dollars. But surely to get financial education, we need money. Everyone who wants to have proper education must plan to have funds allocated to it. Unless our government wants to give education for free, we have no choice that we must try to have savings for education.