WHY WE NEED FINANCIAL EDUCATION

If a person has a solid financial education, they will not cling so tightly to job security, a steady paycheck, and a pension. If a person knows the tax laws, they will not pay unnecessary taxes. If they understand the banking system, they will not save money. Rather than call their home an asset, they will know that it is a liability. If they understand inflation, they will not try to live below their means. Rather than get out of debt, they will learn how to use debt to gain wealth. And they will not mindlessly turn their money over to  Wall Street bankers, financial planners, and real estate agents in the hope of obtaining a secure retirement. Most importantly, they will question why they are going to school, who their teacher are, and where their education is leading them.

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