Post
Topic
Board Economics
Re: The lack of financial education
by
MS.LAWLIET
on 20/04/2018, 13:55:43 UTC
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 mere giving of allowance to a child for a day maybe even for a week or months is a way of teaching him financial education. he will learn how to manage his money and the risk of spending all his money at the first day of giving it will teach him a lesson how to budget things and only to buy what is necessary.    the government can help it's people having knowledge about bitcoin by having a seminar or activities that will teach them something about how cryptocurrency works.