Most of us spend the first 20-odd years of our lives learning the skills required to get a job - so that we can then spend the remainder of our lives trying to earn enough money to live.
Whether we like it or not acquiring money is the backbone of our very existence. It has to be, because whether you have a lot of it or very little of it, from cradle to grave, money is going to be an important aspect of your life. In fact, even after death there are money matters to be considered.
So given the fact that money is central to just about everything that we do in life how is it that very few people have more than a superficial understanding about money, wealth and finance? The answer is because they’ve never had a personal finance education. Concepts like investing money, credit-card debt, wealth management and taxes are either ignored or glossed over at school while topics such as essay writing, algebra and sports are given prominence. This is especially tragic given the fact that most young adults will...
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