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Originally Posted by Baraka_Guru
But what about the average person? Educate yourself. Don't be educated. I'm sure many people get their finance education and news via the media, ads, and brokerage websites. Scary. These parties are the most responsible for running the herd off into the gorge. They have done so in the past, and they will continue to do so.
We should teach finance throughout K-12. This is why the book isn't dead. Most of what I've learned beyond business finance in college was learned by reading books.
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Exactly. I have heard that some states are mandating some sort of personal finance education into their high schools. Whether or not you agree with that, I think it's a step in the right direction, but I also think that parents have some degree of responsibility in teaching their kids the right things about personal finance. If personal financial literacy had been higher in America, we wouldn't have fallen victim into this crisis.