(04-21-2020, 08:32 AM)StroudCrowd1 Wrote:

(04-21-2020, 08:19 AM)The Real Marty Wrote: Maybe I wasn't clear.  I don't think people are all living that way.  I think people should live that way.  Financial independence should be a person's goal from the day they are born, whether they love their job or not.

You aren't born with the concept of financial independence. It is an acquired trait through experience. You have to make mistakes in order to understand the true power of financial independence.

That is often true.  But such knowledge doesn't have to come from mistakes.  

I think personal finance should be taught in high school.  Saving, investing, the power of compounding over a period of time, how to start a business, what jobs pay well, how much it costs to raise a child, and so on.   We can see the problem we have currently with people who lose their job and immediately cannot pay their rent or wind up at the food bank.  Or people who graduate college with a worthless degree and loads of student debt.   The apparent widespread lack of personal financial skills carries a huge cost to our society.  Ordinary people driving nice cars lining up at food banks!

I know I'm probably coming across a little self-righteous, and believe me, I know there are a lot of people who are in a tough spot financially through no fault of their own.  But we are bailing out people we shouldn't have to be bailing out.

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