Money we say is powerful, but the knowledge of growing it is more powerful. One of the reasons the rich get richer, the poor get poorer, and the middle class struggles indebt is that the subject of money is taught at home, not in school. Most of us learn about money from our parents. So what can poor parents tell their child about money? They simply say, “Stay in school and study hard.” The child may graduate with excellent grades, but with a poor person’s financial programming and mind-set.
Sadly, money is not taught in schools. Schools focus on scholastic and professional skills,but not on financial skills. This explains how smart bankers, doctors, and accountants whoearned excellent grades may struggle financially all of their lives. Our staggering nationaldebt is due in large part to highly educated politicians and government officials makingfinancial decisions with little or no training in the subject of money.
Today I often wonder what will soon happen when we have millions of people who needfinancial and medical assistance. They will be dependent upon their families or thegovernment for financial support. What will happen when Medicare and Social Security runout of money? How will a nation survive if teaching children about money continues to beleft to parents—most of whom will be, or already are, poor then the world should be ready to cater for more poor people.
Its True.
Samuel mkpa
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