Part 2/15:
The speaker laments the lack of financial education in schools and homes in the West, noting that it would have been transformative to learn about earning, investing, and the magic of compound interest during formative years. If they had understood how compound interest could significantly grow wealth, they believe they would have been more attentive in maths classes. This deficiency in financial literacy contributes to widespread financial struggles and a cycle of debt, which the speaker suggests could be mitigated if more emphasis was placed on teaching personal finance early on.