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Topic: The lack of financial education - page 6. (Read 2848 times)

newbie
Activity: 87
Merit: 0
March 14, 2018, 10:23:37 AM
The area of financial education has been a crucial part that many schools and government agencies have neglected without know that it is through finances that other sectors will be propelled. The lack of financial education will really cause a whole lot of damage to the economic growth of any country, because when people don't know how to manage their finances how will they know if they should invest or save. And this issue has found it's way to the hearts of young people, as many now mishandle or squander finances without making plans for the future.
sr. member
Activity: 1330
Merit: 326
March 14, 2018, 10:07:37 AM
That is why as a parent i have the responsibility to teach my children the things that are just ignored by the others like the information about bitcoin and other altcoins. Whats their uses and how's the impact of it in our country
newbie
Activity: 34
Merit: 0
March 14, 2018, 09:34:21 AM
This is our mission!

When the current centralised financial crisis begin, wall st. will hodl Bitcoin. Central Banks in world will hodl Bitcoin.
The process may be long time but this process will be showing to our family and friends that we r telling them a truth!!!   
hero member
Activity: 1064
Merit: 500
March 14, 2018, 09:20:28 AM
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.



Unfortunately, a lot of news and information that is published on the Internet is fake. That is why reading the books for me still remains the best way to learn everything about economy. You can buy them or visit a public library.
member
Activity: 154
Merit: 12
March 13, 2018, 06:18:23 AM
Good point and argument you have there. Yes I find it surprising that we don't have a system that helps us the mass people in becoming aware of the risks in paying in deferred payments and taking loans. Most of these stuffs we just come to know during experience and through with friends. I think it would be wise if it could be included in the curriculars of schools and more importantly make the facts or information about taking the deal presented in a simple and informative way.
sr. member
Activity: 616
Merit: 256
March 13, 2018, 05:04:40 AM
We could say that lack of financial education leads to poverty or we shall say poor financial management or being broke but it is all in the mind set on how to control your self of how to prevent from being impulsive or how to delay self-gratitude to save more money. Being frugal and patience is the key to a better financially educated.
sr. member
Activity: 574
Merit: 253
March 13, 2018, 04:39:04 AM
The lack of financial education becomes a serious problem, as we know that the future investment trend is getting complicated so without good knowledge it will make us scam.
member
Activity: 238
Merit: 10
ImmVRse | Disrupting the VR industry
March 13, 2018, 04:14:46 AM
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 your true, we can educate them thru the internet, because now a days people or teen agers are using internet and social media, so its the way to educte them of the economy and finance so that they know how to handle their money. Because even in school they dont teach kids about economy and finance and its one of the important in life.
newbie
Activity: 97
Merit: 0
March 13, 2018, 04:07:43 AM
Every individual has the right to be educate,It should be optemistic to every individual.We should be aware that lack of financial education can affect everyone of us and on our daily lives.
member
Activity: 224
Merit: 11
March 13, 2018, 01:01:39 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 started of lack of financial education because their are people who suffer poverty so many children are out of school. So the government must give work to other people to have and earn money to sustain to their children educations.
newbie
Activity: 49
Merit: 0
March 13, 2018, 12:57:29 AM
Today in this modern day, people lack the education in handling money. They would invest so much to the point they didn't left much, then the the investment didn't go as an, so they were left broke. We have lots of buisiness roaming right now, but only few stood still, so i think that financial education needs to be focused.
jr. member
Activity: 251
Merit: 2
March 12, 2018, 10:59:32 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?

for the true to life story in life money is a primary problem for the poor people so that many of them has uneducated person all of those kinds of financial education problem was included to this situation, that's there was bitcoin to survive the people who will have in poverty line for the better and towards the good living in life.
member
Activity: 61
Merit: 10
March 12, 2018, 10:53:35 PM
I think we need to learn more about blockchain and programming. Financial knowledge is only an aid.The key to the problem is to develop a learning plan based on your own goals.
sr. member
Activity: 315
Merit: 250
March 12, 2018, 10:21:21 PM
I can say when i was studying there is no much lecture about financial education. I think this days and growing technologies this must be a mandatory for each of everyone to study about financial education. There are many who's salary is big and yet they don't have savings because they tend to spend most of their money buying things and paying expenses. If we just learn about financial education i think it could lessen the people who are having a problem on how to managed their budget. I think financial education is another key to success.
jr. member
Activity: 84
Merit: 5
March 12, 2018, 07:59:45 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?
What we need to do is to teach the growing generation to realize that thrift and economy are necessary nowadays. Financial literacy is more important to the younger generation because of the changing of economic climate wherein individuals now shoulder more greater financial responsibility. Much better if we can discuss the new generation about crypto currency because this can help them a lot to build their future.
newbie
Activity: 65
Merit: 0
March 12, 2018, 07:21:26 PM
yes, lack of financial education ,it might lead on not knowing how to decide or resolved a problem regarding to your financial status.. but on the other hand not all businessman or successful today are all educated ,they become what are they now its because of their hardwork,dedication and passion to their work.
newbie
Activity: 36
Merit: 0
March 12, 2018, 06:42:11 PM
There are other ways to get educated and learning by self is the easiest.
full member
Activity: 168
Merit: 101
March 12, 2018, 02:13:19 PM
I can say for Russia. Our education is getting worse. There is not a single university in the TOP-100 world. It's insulting to realize but I have a feeling that this is a bad leadership of the country.

Learning is very important in all aspect in our life. Learning everything is the main goal to success. Especially in financial education.all of us facing this problem everyday, But we have a direct solution of this problem by educating ourselves. To let us know how to handle basic problem.
I find most students do not learn how to manage finances in schools, even though it is essential for every student to enter the real world. The lack of financial understanding makes many young people can not live a good life because they can not manage their finances. I believe that financial management skills should be taught in schools so that students really know about it.
Yes that is true but also in other country too a lot of students who couldnt continue and finish studies because it lacks of financial. We rather say, it is easy to study but teaching the students to go on for the right path is challenging. Students need to learn how cruel but BEAUTIFUL life is, if they knew how to manage just like in bitcoin managing is the best strategy to gain.
newbie
Activity: 23
Merit: 0
March 12, 2018, 02:10:23 PM
It is an expensive business and not everyone can afford it.
sr. member
Activity: 2422
Merit: 357
March 12, 2018, 08:57:54 AM
I agree with this. Every people should be fianancial literate because we do it on our everyday life and because of this , we can survive and improve our living. Every children should be taught on how to budget starting on their awareness of the value of money. You dont have to be good in mathematics to have a financial literacy. It is just focusing on what is the right thing to do when it comes to money decision making.
For further tips, here's my thread. You can check it out.
https://bitcointalksearch.org/topic/m.32025668
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