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RE: Interest irresponsibility

in Galenkp's Stuff2 years ago

It is sad to see too many ppl struggling with their life due to poor financial knowledge. If personal finance was taught at school a high percentage of those struggling would probably be aware of what they can avoid reaching a position where they have a hard time covering monthly expenses.
You often read about the tech knowledge breach but hardly hear about the financial one, when the second one is as important as the first one.

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I agree and yep, I think should finance be taught in schools there would be less in trouble. It's deeper than that though. People can't seem to stop spending, they're addicted to it, and so they do so, whether they have the money or not. It's a whole other issue.