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e diel, 15 qershor 2008

No 1 reason why we mess up our finances

"Financial education needs to become a part of our national curriculum and scoring systems so that it’s not just the rich kids that learn about money.. it’s all of us." - David Bach

"Money is plentiful for those who understand the simple laws which govern its acquisition." - George Clason

The number one reason majority of us end up with financial mess is simply this - No one taught us how to. Even though money plays a very important role in our daily life, our schooling system is not emphasizing enough on financial education. Therefore, people usually graduated from school or college with little or no formal education on managing their finance. When they ended up with credit card debts, mortgage loan or car loan, they are wondering why they are not making enough money even with all the education that they have received. No wonder some star athletes or big celebrities who make big money usually ended up with a huge debt. The money is a tool for happiness but only if it is handled with care. Use the tool improperly, it would end up hurting yourself.

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