Topic: The lack of financial education - page 19. (Read 2827 times)

Financial education is something which is very much necessary for all of us in order to have a better living but the need of financial education increases by a very significant value when it comes to the lives of those who have invested their money in any kind of business or something like that.

We do need to have some good amount of knowledge regarding this. Only then we’ll be able to keep the record of all the necessary things in a better way.

Well having financial education is importsnt as it will prepare young ones on how to effectively spend their money.  Though you are correct that it is not earned in school.  But if we will teach our children about it, they will be financial literate even without having a diploma on it   We are helping them.

indeed! I agree with you. The lack of financial education is not important because financial literacy is not earned in school but learned as you become more matured to handle your money like putting first what is more needed.

Everyone suffer lac of education, that's the first problem of each and everyone. Because not all people have a work to sustain the financial education. For me my opinion government needs actions to provide the needs of their people especially young people need to go to school.

I can say lack of Financial Education to an adult is at that adult detriments, because how can you survive in life without the knowledge of making money probably out of trade or investment. In other way round, as much as Financial Education is of paramount/ importance to the youths or children, extra cautiousness must be applied, because if most of them are sincerely orientated and exposed to Cryptocoin investment and various bounties in the field, they may tends to be un serious with threir studies, unless they are truly matured.

Academic education is important and so is financial education. A well-informed and financial literate adds to economic stability because a well-informed individual makes sound investments which help him into the economy. I agree that schools should have a certain subject just about financial education. So that students can learn how to manage their finances at a very young age. In today's world, a lack of financial knowledge can set you back. We've got to act on money to make it work for us.

Yes, I agree that we don't learn how to be responsible with our finances in schools because for me that should be part of the lessons we get from our parents, at home. It is part of the life lessons we will only learn through experience.

We really need social institutions like the sector of educational institution. There are still many people in our society that are not attenting in schools and universities. I think the government should focus on creating more schools for many people who are not yet have enough knowledge.

That's the number one problem of the wod,  education.  Because not all children will go to school.  I think government will put a funds for education that all children in the world will finished their studies.  Because now a days the first thing that they find when you go for a job is school diploma.  So its sad if not all children will not go to school.

I graduated from school not so long ago, so my knowledge is fresh, and I can say that I learned finances myself, but at school we were not taught this.

Always better to learn this stuff in collage but when you have no opportunity own experience is the only way to get financial education. Also you can try to pass the courses.

You can learn this Base In your experience, and also to the person. How can you educated a person that not interested on how to manage his financial services, even we say something about it or either advice them, we can not do anything. However we want to help them.

Yes people must know what do we learn from education. And know how to provide the things do we need from financial services.

I agree with you. Yes, that really is true. But the thing is that despite this fact, we also cannot deny that the social media network has billions of users around the world. And using this to spread the word about cryptos is the best choice there is for now. Because clearly, I do not think that any t.v. network will let anyone advertise bitcoins on their channels. Heck, I don't even think that anyone would even consider paying just to get bitcoins on television advertisements. But that really isn't a problem since there is social media, and obviously, more people spend more time on social media sites than t.v. sets.

Just think about it this way man, if you, along with all the other people who gets to read this response will share legitimate information about bitcoins in social medias and be willing to answer questions of curious minds for free, it will surely make a difference. Although we cannot get rid of the trolls and crappy minded people that you are talking about, we will still be able to reach other open minded people and get them to spread the word themselves. Although this may seem as something that sounds like a fairy tale, it completely makes sense and can really do a lot to pull in a huge amount of traffic here in the crypto world.

There are a million alibis out there that can be thought of if anyone chooses not to care, but for people who really do care, they won't even need a reason to do so. It usually comes out automatically. let us do something to actually make a change rather than just saying that we want to witness change. We owe it to the crypto world to at least try.

Just to be a hardworking person and a strategically thinker because every person have different personalities and wants in their life that they can do many things whatever they like and making their best to achieve it. Encouraging those people to learn about financial education is a big help for them because you give them an inspiration that they can do their best to learn and achieve their goals in life.

The problem with social media networks is that they are so full of crap and misleading messages that you would be preaching in an empty church. People that mingle aroung are not interested either.

Well, this is the sad truth. And honestly I do not think there really is anything much we can do considering that we are only small people that cannot even solve our own problems in the real world. Obviously, a lot of people will be really interested to do something to be able to help spread awareness all throughout the world to make everyone more knowledgeable about the crypto world because it will obviously benefit not only the one being taught but the whole crypto lovers in this world.


The most effective course of action as of now is to spread awareness using our own little ways like spreading it on various types of social media networks so that a lot can really be able to know more about cryptos. And we must also be ready to give proper knowledge or at least give them great sources for information so that they can also be great at spreading the word about cryptos. That is the only way that I can really think of as of now.

Its true many beleives that through finish our studies we can make things life better,but if you dont have the ability to control yourself on spending too much its useless,take a control and do a financial management to your daily expenses.

I think that the lack of financial education is a disaster, but I don't think it's accidental: people are kept in their ignorance so governments can't do what they want and population don't understand when decisions are bad.
As Henry Ford states, if people understood economy, they would start a revolution immediately.

On my own perspective, financial management must be taught in schools. We cannot count on parents coz if parents are also not knowledgeable in financial management then kids also will be like them. Schools may organize seninars or trainings if not included in their curriculum.