Literally majority of people would prefer taking the 1 million dollars instead of financial education, but in a real sense if one do not have financial education, I wonder how he or she will be able to manage such an amount of money without getting it squandered and still go broke in the end, Despite the fact that we will prefer taking the 1 million ,however knowledge is key to whatever thing that you do. someone with proper financial knowledge can grow a $1000 into becoming 1 million dollars and even more.
The truth is that, some people loss their mind after receiving a huge amount of money, and when it's so, they are bound to spend that money lavishly to the last penny of it.
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That almost the same thing to what @Die_empty said. But the truth is that am not the kind of person that lavish money over unnecessary things, let's say I spend on the things that is only profitable to me and can add value to my financial lifestyle. I am not that business- expert kind of guy nor a financial expert but at least I have gathered quite a good knowledge on how to gradually and persistently grow wealthy. Also, I don't get pushed so had any time I see or receive a huge money and that's because of the volume of money I have seen past.
Do you really believe that a man with I million dollers in his bank account will enroll in a financial education program? I'm confident that they won't go, just like me I won't since I won't even consider investing to grow myself; the reason for this is that there is no financial education.
I wouldn't be so confident like that, every body is not same. Some people are determine to pay for what can add more values to their life or bring more wealth to them. Currently there's a program I intend to enroll, the fee is about €5k for just a month and some weeks, am ready to enroll once my money is complete and the reason why is because I know the potentials of what I will learn after I finish that program. So, that's just how people are, you can pay for what can add value to your life, while some people too are ready to spend lavishly.