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To: MtnClimber

In terms of financial matters, what is very interesting to me is how financially illiterate most people are and combined with literally no intellectual curiosity, is a recipe for disaster.

I realize I’m on the fringe of things, as a kid I was fascinated by the business page of newspapers, especially the stock and mutual funds numbers. I remember getting to college and getting really excited taking a business finance class and learning how to read the stock page of the newspaper and what the numbers meant.

Basic things I think everyone should know like how interest rates work when taking out a loan to buy a car or house, how interest rates work on credit card balances, taxes of all kinds, the vast majority of people have no idea about any of this and have no curiosity to find out, basically going thru like as a financial illiterate is not a good idea.


4 posted on 08/13/2023 5:00:15 AM PDT by srmanuel
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To: srmanuel

You are my kind of FReeper. Preach it! :)


9 posted on 08/13/2023 5:19:50 AM PDT by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
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To: srmanuel

I agree
financially illiterate
economically illiterate
politically illiterate
drones attracted to the next shiny object


30 posted on 08/13/2023 2:21:44 PM PDT by SisterK (it's controlled demolition)
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