Those were really easy questions. It is really sad how economically illiterate the average person is.
Agree —teach your kiddos finance 101 at home. How to make a budget, how to balance a checkbook, how to invest on a regular basis, use of credit rarely and wisely. These things are not taught in schools and with easy credit card approvals and student loans, I think kids are really caught off guard when they go off to college.
I guess I’m the odd “duck” —I like finance, accounting, taxes —anything to do with numbers. Always have. My hubby is the one to watch chick flicks (he’s 69) —not me —
So...I’ve taken the lead on the finances in our home. Everything is paid off; we buy cars for cash when we need to. We have adequate savings when we retire (we both plan to retire at 70 or go further in our careers if allowed/our health holds out)
I read an article that said the “middle class” will die with the Boomers —hopefully not; the same enterprising spirit that founded this country continues to live on —maybe not burning bright, but with Freeper kids leading the way - who knows?
But...given the result of this poll, I think we may be seeing the “end of days” -—people too stupid not to understand basic finance; too stupid to not fall for the “big lie”; too stupid to discern.....
yes.
> really sad how economically illiterate the average person is.