Why are we Americans so uneducated / misinformed about personal finance?
because we dont teach it in school, having been in the finance industry for the last 10 years u would not believe the number of doctors, lawyers, and school teachers, particularly law enforcement officials who dont have a clue what they are doing reference a mortgage or credit, the things i have seen folks sign with good credit would blow ur mind, no the lenders arent scamming they just arent educating, this should be a course for juniors and seniors in high school and a freshman course in college, “Credit, Financing, Mortgages, and How It Works” dont laugh i am serious and bet i could write the course, there isnt 1 in 10 americans who know what they are doing with their personal finances.
