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Topic: The lack of financial education - page 27. (Read 2827 times)

full member
Activity: 322
Merit: 110
elysian.finance
January 31, 2018, 05:54:37 PM
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?

Well, the best thing today is the internet. Don’t expect the solution to come from the Government, as those subjects are not on the agenda.

I think the best if you have kids is to motivate their curiosity and critical thinking.


Yes,  the government won't teach you about bitcoin since some government already banned it.  The only thing on how we can educate the kids is thru internet and by explaining them how bitcoin and other currency helps us.
member
Activity: 168
Merit: 10
January 31, 2018, 04:20:01 PM
Teacher never teach  their student to earn income or financial education. Governments should teach our fellow students on how to earn money online but i think they are very greedy to make alot of money. We should educate them coz this era will be booming soon.
jr. member
Activity: 168
Merit: 3
January 31, 2018, 04:07:22 PM
I quite agree with this poin of view. Currently education is not so good to be succesful person. Students do not teach economy and finance that are always in you life. So the only think we may to do is self-educate)))
hero member
Activity: 812
Merit: 510
January 31, 2018, 04:01:26 PM
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?
Add long as middlemen don't come into the picture the knowledge and value of cryptocurrencies will be fine. School's are good for teaching about cryptos but the problem of government controlling the content of education will lead to the child being confused. It's best to of the parent teaches about it themselves.
sr. member
Activity: 460
Merit: 254
January 31, 2018, 03:31:19 PM
Its still depends on a person's perspective in life. People learn from.their experiece. Maybe financial education is also important because we are using all financial aspect in our life but as people also have their talent in doing financial analytics through their wit. They are smart enough on how they will use their money because afterall they have to do it in the right way all else they will left nothing. Its people decision whether they will want to be gain more knowledge through study or through the usual way.
Don't blame all people who did not finished of their studies because of financial problem. But more of them are intelligent they know how to find a jobs, and also strategic people.
People often have a misconception about financial education - they think it's only for financiers. In fact, everyone should have the skills to manage their personal finances simply because the quality of their lives is directly dependent on that.
Yes, managing the daily finances is a very important work which will help a person to grow this economy and also his lifestyle. And students should get a proper knowledge of the financial difficulties they can face in life and how they can tackle it.

This will surely increase the economic rate of the country and also the lifestyle of the people living in the country. Financial education is very important to create a financially stable life.
This way in future they will not face any kind of difficulty to grow their life. It is not so hard now to run our life properly with bitcoin if we are properly aware of bitcoin features and it is possible if we make bitcoin common and tell our new generation about bitcoin and educate them that how can they make fast profit using bitcoin so this way they will gain knowledge and their interest for earning money will be develop which is good thing.
member
Activity: 182
Merit: 10
January 31, 2018, 10:12:36 AM
Financial education is very important. Sometimes, we are financially broken not because we don't have source of money but because we are not educated enough. Lack of financial education might compromise our source of income, the money that we have or we should have. It might result to being broke, bankrupt and such. It is important to have job, business or any kind of source of income but it is more important to know how we should handle our finances.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
January 31, 2018, 09:43:24 AM
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?
theres a proper time and forum for this issue,but not in school because let the teacher educate our childrens about what is life and what they neet to know about life,but not about financial aspects because its every parents obligation. So they will listen carefully and beliebe them..parent must tell them how to spend every single amount in right way,and how to manage their funds for the future
member
Activity: 308
Merit: 17
January 31, 2018, 09:42:17 AM
I see that there is no curriculum about finance for the curriculum at the elementary school level because the application of a subject for lessons related to financial matters will not be applicable when their age is still a child. so I think that is the most logical reason why there is not a financial science in elementary education because usually in the application of science education about the new finance they will get when they enter the higher academy level again. and in my opinion of course this should be a solution so that children can understand about financial education. and I think an application of education on finance in children will be done outside school hours.
full member
Activity: 406
Merit: 100
January 31, 2018, 09:26:04 AM
I am happy that some countries are introducing the latest technology into university education. For example, in Belorussia, in some higher educational establishments, you can become a specialist in the field of Blockchain . It is necessary to motivate young people to develop while showing how their financial situation will improve from this.
member
Activity: 276
Merit: 23
January 31, 2018, 09:19:00 AM
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 system was already there, created by the government to make the creativity of each individual lost, lots of Ideas especially to the young ones, but the indoctrinate of the educational system stops there own thinking about the new original ideas that come with their minds. The government wants people to be controlled if they cannot implement that, some people will begin to question and it will proceed for creating a revolt. I agree with you about your statement, but they should be taught discipline first before economics.

I fully agree, most educational systems nowadays are based on what the industrial capitalists of the 19th century devised as a system to make the young learn (even the hard way) to be obedient, punctual and meek to power.
hero member
Activity: 952
Merit: 515
January 31, 2018, 09:11:43 AM
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?
I believe that all of us have different talents, skills and passion. It does not mean that if you fail in school you are a totally failure because maybe its just not your passion or something that you are good at. But you are right, the most knowledge needed by youth is not given at school, but I think as a person grows, he will be able to learn things in finance.
Well, I have come up and realize after many years of existence in this world that Education is not actually the key, it is just a stepping stone and guide but still not all who have finish their school or has even entered College have been become successful, it is still depends on us as we have different perspective in life and we do have some strategies.
jr. member
Activity: 301
Merit: 3
DAEFROM.com
January 31, 2018, 09:08:38 AM
I think the best teacher is experience and not teachers in schools or anyone else cause sometimes, even teachers and the ones who teaches how things are done can't apply their teaching to their own lives so don't expect anyone to teach about things like financial knowledge. Let's learn from our experiences in life like how to handle and manage our money. From our mistakes, I'm sure that we would learn our lessons and we would be able to know how important money is and from this, we would know how to properly handle our finances.
member
Activity: 176
Merit: 10
January 31, 2018, 09:04:34 AM
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?
I believe that all of us have different talents, skills and passion. It does not mean that if you fail in school you are a totally failure because maybe its just not your passion or something that you are good at. But you are right, the most knowledge needed by youth is not given at school, but I think as a person grows, he will be able to learn things in finance.
newbie
Activity: 93
Merit: 0
January 31, 2018, 08:45:48 AM
Many of children today that they can't go to schools just because of having a financial problem .Even though they want to go to school they don't have a choice but to stop and instead of going to school they making a way to find job for them to survive .
member
Activity: 630
Merit: 24
January 31, 2018, 08:42:53 AM
Do you know that,Self-education is the most important for smart people? those who is interested in it,he/she will definitely achieve their goals if they have desires to do everything for studying,I don't understand why do you need special education courses when there are already internet where we can t search everything what we want.the main problem is not this that there is no interest,just people are lazy and Majority thinks that someone is better than him and There will be no sense and possibility to achieve something in these sphere,So i think there are more fundamental problems than this what you said.
jr. member
Activity: 140
Merit: 2
January 31, 2018, 08:26:04 AM
I think we should immerse them with the complicated things rather than the simple ones. In this way, it will spark their curiosity since they will be amazed on how money really works. Also, I think we should stop introducing really basic and "shortcut" methods to them because they will view as boring and too simple.
sr. member
Activity: 1050
Merit: 251
January 31, 2018, 07:58:13 AM
Perhaps the most powerful way to improve science especially to discuss about finance is to make new lessons in various school.So After they start graduation is not too dizzy to find a job just by maximizing the previous science in order to compete healthy with anyone and certainly able to earn income.

Well, actually buddy nowadays, I don't think the school will need to discuss new lessons about finance which base on my own observation only those people make ruin their selves, even how educated people it is, in the end will depends on their own decisions. As I observed also, those people will depends on their way of living and most educated people wasted money due to their financial income unlike those unfortunate people will be contented on what they have. Hopefully those people waste their money will realize how bless they are on there wealthy living.
full member
Activity: 190
Merit: 106
January 31, 2018, 07:47:44 AM
Lack of financial education is not a coincidence, but something well planned by governments.
They don't want that citizens understand what happens, so they can manipulate them with easy.

You cannot blame others if you have not been studying due to lack of financial. What are the benefits of public schools. Public schools have no tuition fees. There are many ways we can go to schools, the solution is we can find a part time job. You can apply to those company whose looking for a working student like fast food chain. If we fully determined to achieved our goal we cannot say anything instead we can make to solve our problem. We will glad that bitcoin has been created because it can help for the student who is difficult to find a part time as long as your internet is strong. And here in bitcoin you will definitely earn profit as long as you are hardworking and patient.
full member
Activity: 602
Merit: 100
DeFixy.com - The future of Decentralization
January 31, 2018, 07:19:46 AM
Perhaps the most powerful way to improve science especially to discuss about finance is to make new lessons in various school.So After they start graduation is not too dizzy to find a job just by maximizing the previous science in order to compete healthy with anyone and certainly able to earn income.
hero member
Activity: 1036
Merit: 500
January 31, 2018, 04:13:11 AM
Lack of financial education can lead to bankruptcy, loans and debts. Financial education is crucial among everyone in order to avoid financial problems. We must be educated with the disciplinary use of credit cards and proper way of allocating budget to avoid debts. I believe this must taught as early as high school or elementary education so that our youth will grow up disciplined in money management.
You have a good point. Children should be thought on financial management as early as high school, so they don’t make mistakes in life, and also be able to avoid the risks that are involved in debts and the rest of them. As of the case of Bitcoin and alts, I don’t think we should be blaming the government cause people don’t know about cryptocurrencies. Everyone has their choice, and the government can’t force them to get into Bitcoin (that’s freedom)
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