Topic: The lack of financial education - page 12. (Read 2848 times)

Actually there are lot of ways to motivate our younger generation in terms of financial aspects. One way is through education. Let us educate them the importance on financial status on how to regulate spending un needed things. We have to teach them how to save and imstruct them the advantage of saving by tellong them stories that could relate on how to save money. Another way is to get use of any cheap alternative means of things that you wanted like for example you want to somewhere the bicycle could be an alternative way to get the location. Without spending fare or gasoline for the car then that is already a big savings on their part. There are also life hacks that are found on youtube. You can watch their some life hacks that could simplify life.and make it comfortable.

Lack of financial education can cause many problems specially in handling money. Most or some of us don't know how to properly spend their money, we spend our money on what we want not on what we need even tho we dont have even earnings to spend.  So we should have some knowledge in how are we going to spend by distributing it properly.

That is not taught in any educational institution, it was learn in case to case basis by our daily activities and experience. People must learn how to save and invest in proper place for their future and for the growth of the economy.

It is true that students can not study finance in school. I think the internet is the best thing to attract young people to the economic pinansial, maybe it should be tried to apply because the government did not give it for certain reasons.

Majority of the world have this tendency to raise their financial position as they have some enough money with them. But the problem comes when they are totally ignorant of the fact that how to use my money efficiently that can help me to raise the living standards of myself and my family. This only comes with money management and learning to know the paths of how to do this.

The best any one can do for his/her self is self education because if you leave it to the schools or the society you might never get the knowledge you seek for, have you discovered that over 40% of what we are thought in school does not apply to real life situation. So the best is the internet because with it the world is in your hands with just a click away the answers to your question will be at you disposal, waiting for government, school or even your friend to teach you what you need to know in bitcoin that knowledge might never come.

Except a very small portion of population, maximum of the population have enough money to take their family along into a better way. The problem comes when it comes to utilizing best of your resources and become an efficient person.

Financial education must be necessary for every person in which they must taught the ways through which restricted money is utilized better.

This is an interesting topic. The best education channel is internet, you can find many useful information and resources from online courses, such as coursera or MOOC. Many famous professors give lectures on these website.
Good luck 

One of the main problem of our society is the lack of education. Many people are still doesn't have enough knowledge about our technology nowadays. Thr cashless society will noy happen if many people doesn't knos how to access smartphones and computers.

It’s goid to know about your thoughts regarding the student and financial management relationship. The thing is, what we teach in our schools is not enough but there is also additional thing that we can not teach our students everything under one roof. They are delicate brain at the initial stage and might not be able to digest everything at first. The mortgage and future plans is something which they should know but may be parents are the good treacher consider the personal investment. So it’s our responsibility that we should teach them all these managements and make the economy stronger.

Often driven by the worst nature of being greedy, humans often make mistakes. And such mistakes can be seen when newbies are coming in the field without having even sufficient knowledge of what and when is this. They only know “to make money” but don’t know what the ways they can earn such good goal are. Proper education needed to be prevailed to the users all over the world.

Education is important for everything, so also financial education is very important, everyone should have this to properly manage they finances. Some of people now are not going to school because of financial. But we can learn also by starting to our selves, there lot of articles, news, blogs etc, in the internet, we can search and learn by our selves.

Well we cannot put blame always on our government. School Academics focus on major subjects. Financial education is a special lesson that you can take or set an appointment to a financial adviser. But since it is very pricey their are other option which is through self study or just search on internet and apply it for yourself.

The lack of education is due to financial crisis. Families tends to prioritize foods and last priority is the childrens education. But now we can have an alternate platform for financial stability. The only thing is that we have to indroduce bitcoin to our friends, relatives and others for them to have knowledge.

Sad. but true. The only highschool education I got for economics are the laws of demand and supply. That's it. No application or some sort of knowledge on investment why TAXES are important. Or why I should pay them. It's like the education system will just let these children grow and be shocked and terrible at financial management when the become adults.

But making people interested with crypto for me is fairly easier rather than the stock market. Why? I'm a millenial and the internet comes along with it. People my age are rather more open to new things(and interesting in a monetary way) such as cryptocurrency. They are well aware that the dynamic digital age should come along with a digital currency to fit.

The reason why the majority of the poor are becoming poorer because they are financially illiterate. Wealthy people, though, are exposed and taught by their family about business and investments. They have the ready resources and the education. As for the poor, they will prioritize their daily survival. That's why when a huge amount of money is on a poor man's hand, he has the huge urge to spend it in luxury and on what he thought he needs. WHy? Because he grew up never having good and expensive things, thus, the natural tendency is not to think of investing the money.

Financial education is not taught at school because the educational system is still quite traditional. The system assumes that all learners are on the same category of interests, same talents and same wiring of brain. Apparently, the society is more concerned on improving the culture of human race through literature, science, politics, history, arts, etc. The financial aspect is the responsibility of the immediate care takers of children, until they are old enough to assert their interest in pursuing financial literacy. This kind of assumption of role is what makes the majority financially uneducated. Repeat the cycle and you get a generation of another poverty-stricken people.

Fortunately, the world offers a lot of platforms to learn about money. But never rely on the school for it, because as I have mentioned, they have a different focus.

There is a strong interest by government to keep people in ignorance about financial subject, so they can misuse public money without reaction from population.

Well financial education is an innate thing.  When we are still a kid, we tend to spend the money on things we just wanted.  Our family especially our parents just give us money without explaining to us the importance of money.  Financial education must be taught first by our parents.  Then a little advise from our teachers would be enough.

Well, it is necessary for us to have at least some basic knowledge to what we are going to do for example here in bitcoin, yes I know that when we started here we don't have knowledge yet  but at least we do have knowledge in exploring the internet and operating computers a basic foundation will do.

Ones perspective is one of the vital part for us to consider when it comes to having the proper education or getting in bitcoin in the first place. It would be better if we are going to set our own perspective to bitcoin which could definitely help us on choosing and starting a form of investment to bitcoin. Because in psychological basis perspective or the perception of a person to a particular thing could help or somehow hinder us on dealing or doing a thing.