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Of course financial education works.
Some (okay, many) people refuse to find importance in being fiscally-responsible. BUT, not everyone.
However, I also truly believe that one’s financial state is a reflection of his/her state of mind. People will only embrace their finances when “they” decide it’s time.
Myself, my friend Mr. Earl, or the smart folks over in The Bogleheads Investment Forum can attest to that.
I do agree with the professor’s point about government agencies promoting financial education. It’s a waste of time and resources, which, like she said, could be better used regulating the financial industry.
One last point. Something to always keep in mind, and something that many of us just cannot accept.
Most politicians do not serve the average American. They are there to serve themselves and the people who got them their positions. If you believe any of their rhetoric, then you have only yourself to blame for the consequences.
]]>Maybe it’s not ok to teach religion in school?
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