Topic: The lack of financial education - page 4. (Read 2827 times)
I think, we cant please anyone in learning the things they dont know like things that happen in our economy and also in finance. But if we really want to educate them, let us be the example for them. Show them the way and how it is done and they will eventually learn from it.
If only people are looking to have fortune, then they should do investment. There are more investors who lack knowledge about economy and finance but they're just on time and are lucky enough to become rich.
investment itself actually requires education because without it we could also lose because it has been wrong to choose the investment and lose our money. education in any present is very important 
Unfortunately, most of the people learned only financial education when they are already in the earning stage which would mean they already earn for themselves and don't ask for money from their relatives or guardians. I know that learning it should start from home but schools should have at least tackled about financial education which is very important because it would be they key for someone whether he would be successful in life or not. It doesn't matter if you are earning big or small because if you lack financial education then you wouldn't be able to manage your money properly. Maybe it would be tackled in one of the subjects in school so that students would have an idea how hard it is to earn in real world.
I think that the lack of financial education is caused by lack of student interest in economics. Self-discipline is the key to manage our finances well. Financial education will benefit only a person able to control their needs.
Ony those students whose course is related to economics will get the chance to learn about economics at school and only a handful of students taking different courses will study Economics at their own will. We all know that not all will be interested in learning and have a deeper understanding of Economics. Schools teach the basic of it tho, but it is up to us to know more of it so that we can use it in our everyday life. One cannot expect to be spoonfed by all necessary information. 
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.
If only people are looking to have fortune, then they should do investment. There are more investors who lack knowledge about economy and finance but they're just on time and are lucky enough to become rich.
I think that the lack of financial education is caused by lack of student interest in economics. Self-discipline is the key to manage our finances well. Financial education will benefit only a person able to control their needs.
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?
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 totally agree with on this that there is lack of financial education among the students. As students we are not taught anything related finances, that is, how to manage them, how to invest them, etc. but when we grew up we really feel lack of such knowledge. But I do not think so we can do anything in this regard; expect parents can teach their own kids regarding finances, because we cannot interfere in the education system of the country. These subjects are covered in commerce or economics stream. So it is a matter of individual’s preference that whether they want to specialize in that field or opt for sciences and then employ such persons who are specialized in financial sector.
I believe that the best education you can take yourself through self-education, constant reading of literature on economics and finance. In schools, children are prepared for a life that does not exist. They are not given the knowledge that they really need in life. About cryptocurrencies if you do not start teaching, then you need to help friends, acquaintances get knowledge.
Exactly, those young people on this generation must need a great and proper training in order to have enough knowledge about the crypto currencies which may change the way of living. Though, they need to be educated on their studies for their carrier but somehow they need to know about crypto currencies as they will be adopt the knowledge for the next generation of the new era as the crypto currency getting popular in the world soon since today is not as rampant to other countries.
I agree that having a basic sense of doing proper finance for your own situation is a must have in life. Highschool could be a great phase in someone's life to learn about the basics; how to create a budget, how to manage your finances, the risks of financial investments/loans etc. It was also very striking for me to see that a lot of newbies that entered the crypto market, carried no basic financial analysis when investing in crypto. Lot of people just FOMO'd and acted like gamblers; hey I'll buy coin x, because when it goes 10x I can buy a new car etc.
At the one hand it's understandable; newbies saw their peers getting massive gains with small investments and that's the best proof for a lot of people to start with someone. At the other hand, most newbies I saw made losses and sold off their tokens with losses because they got scared (typical panickselling). I think that some of them would have made different decisions if they had enjoyed some basic education about how to handle finance in general.
At the one hand it's understandable; newbies saw their peers getting massive gains with small investments and that's the best proof for a lot of people to start with someone. At the other hand, most newbies I saw made losses and sold off their tokens with losses because they got scared (typical panickselling). I think that some of them would have made different decisions if they had enjoyed some basic education about how to handle finance in general.
I believe that the best education you can take yourself through self-education, constant reading of literature on economics and finance. In schools, children are prepared for a life that does not exist. They are not given the knowledge that they really need in life. About cryptocurrencies if you do not start teaching, then you need to help friends, acquaintances get knowledge.
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 also think that our youth are very little trained in financing. Of course this is not the biggest problem of society, but for young people it would not be superfluous to study finance in a more extended version. Children should learn from the very childhood to manage financial parties and be able to distribute them correctly. Yes, sir, I fully agree with your conclusions.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 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 also think that our youth are very little trained in financing. Of course this is not the biggest problem of society, but for young people it would not be superfluous to study finance in a more extended version. Children should learn from the very childhood to manage financial parties and be able to distribute them correctly. Yes, sir, I fully agree with your conclusions.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 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?
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?
Financial education is important but in my opinion IT knowlage is more important in cryptocurrency.
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 also think that our youth are very little trained in financing. Of course this is not the biggest problem of society, but for young people it would not be superfluous to study finance in a more extended version. Children should learn from the very childhood to manage financial parties and be able to distribute them correctly. Yes, sir, I fully agree with your conclusions. 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?
In my opinion, the absence of budgetary learning is the principal issue in the third world country that eager to put resources into bitcoin, yes they have some cash, yet an absence of data and information has an immense impact if you need to wind up using. Numerous individuals are misled and feeling that bitcoin is extortion due to without some comprehension about bitcoin. Instruction is the most important thing that you most need to ensure that you can get a superior life so don't merely squander your cash and time there are a million individuals out there that will learn.
Yes financial literacy is an important aspect of life, most of the people are the fields they are in to just gain financial freedom or to get more money, but it's hard to get people know how to adopt new financial literacy technology, the best part of it there is free information all over the internet, from youtube to Google, wikepidia, I taught myself about crypto just through research and I believe everyone can educate themselves through extensive research
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?
Financial education is one of the most important knowledge that everyone should learn about knowing that even without any formal institution will teach us on how to learn that we can learn in our own if we just want. I believe that financial education is the right key to know what's the right thing to do it can helps us to be successful in the near future. 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 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?
Learning early is better in Economic education is definitely being studied in some schools whether it is junior high, high school and college. This education is very useful for all people in the world because it can facilitate us in managing personal money or in the family and also can avoid us from some undesirable things like poverty or scam investment. 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 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?
Learning early is better in Economic education is definitely being studied in some schools whether it is junior high, high school and college. This education is very useful for all people in the world because it can facilitate us in managing personal money or in the family and also can avoid us from some undesirable things like poverty or scam investment. 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?
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