Why Do You Feel That Most People Are Not Getting The Education They Need In Personal Finance?

Posted on November 4, 2009 by admin

There is a reason why millions of americans are in heavy amounts of debt. Perhaps they were never informed about how to manage their money effectively. What do you feel is the reason for this? Lack of education? Chronic consumption? Etc?

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6 Responses to Why Do You Feel That Most People Are Not Getting The Education They Need In Personal Finance?

Richie Rich says:

November 4, 2009 at 8:18 am

Lack of education in the schools about it as well as parents as a role model. It does not take much effort to restructure your entire finances. I can do it with a spreadsheet.
It mostly takes an understanding of how it works. Most finances companies do NOT want their customers/clients to know how it works because it means more money for them. That also plays some into it.
All and all, society as a whole failed society.

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