We need financial education! (and it should be taught in schools)

[james_chaw]

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While you're proposition is valid and needed now more than ever, it's a questions of culture and application now. Even if we teach them to ALL public and private college/university students, will they actually apply them in real life? I agree that we need this gyud. Pero our culture has become quite....how shall you say....commercialized. And it doesn't help that we are constantly bombarded with Ads to BUY BUy BUY. From television, to radio, to the Internet. It's a three-pronged attack on the side of commercialism.

[makie]

While you're proposition is valid and needed now more than ever, it's a questions of culture and application now. Even if we teach them to ALL public and private college/university students, will they actually apply them in real life? I agree that we need this gyud. Pero our culture has become quite....how shall you say....commercialized. And it doesn't help that we are constantly bombarded with Ads to BUY BUy BUY. From television, to radio, to the Internet. It's a three-pronged attack on the side of commercialism.

Financial literacy is not limited to the confines of expenses but rather a better understanding about finances. It is developing the necessary skills and knowledge in making sound and effective decisions about finance. In line to that, expenses is just a part of the big picture.

The reason why people are trapped in the mindset that goes against them financially is because people aren't educated financially. People could never apply something in their life that they don't know.

[Metz]

While you're proposition is valid and needed now more than ever, it's a questions of culture and application now. Even if we teach them to ALL public and private college/university students, will they actually apply them in real life? I agree that we need this gyud. Pero our culture has become quite....how shall you say....commercialized. And it doesn't help that we are constantly bombarded with Ads to BUY BUy BUY. From television, to radio, to the Internet. It's a three-pronged attack on the side of commercialism.

It will take time bai, just like our solutions in building wealth.
If right now its 10% rich 90% poor and we can make it 15% and 85% poor in my lifetime, nindut na kaayo na. And magkadugay magkagamay na ang gap kay ang na educate, motudlo naman sa iya mga anak.

[Balandido]

mau bitaw ng kamao ta mo budget or mo invest at
an early age (like warren buffet). pero sa pinoys,
gawas nga promising and productive kining suggestion
ni makie, dapat sad gyud ma disciplinag mau ang mga
tawo, lahi naman ang dagan ron or cultura basta may
kwarta.