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The mandatory financial education thing isn't a one-size fits all fix.
It think an issue for many people that's becoming more prevalent is that post-secondary education is becoming a kind of "golden straightjacket." Many people need to take on a huge debt load just to get a required education for a desired career. The cost of education has spiked quite astonishingly over the past 20 years.
I guess my point is that the problem may not be as simple as we might think.
In my own case, I'm widely knowledgeable about money and how it works on a personal level. You might be surprised by what I get by on. The problem? I have a low income and a high debt load. I'm one of the educated poor.
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Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön
Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot
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