Comments on: Should schools offer financial education? http://www.financemarkets.co.uk/2010/07/02/should-schools-offer-financial-education/ Finance News | UK Personal Financial News & Daily Finance Market News Mon, 14 May 2012 17:44:18 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Tony Hollowell http://www.financemarkets.co.uk/2010/07/02/should-schools-offer-financial-education/comment-page-1/#comment-21781 Tony Hollowell Fri, 02 Jul 2010 17:06:35 +0000 http://www.financemarkets.co.uk/?p=20135#comment-21781 Of course it should be taught, but the question is WHAT should be taught. I would stay far away from Mr. Zoe Steven's teachings. He wants students to have a high credit rating so they can get good loans and better credit cards?! This is madness. This is brainwashing, because it is building another generation of debt-loving consumers. Teaching kids to use debt is building a nice future of humanity that will be programmed to be students with loans, buy cars with payments, and get homes with mortgages. Debt is dumb. Cash is king. But nobody is going to want their kids to be exposed to such "radical" views. Of course it should be taught, but the question is WHAT should be taught. I would stay far away from Mr. Zoe Steven’s teachings. He wants students to have a high credit rating so they can get good loans and better credit cards?! This is madness. This is brainwashing, because it is building another generation of debt-loving consumers.

Teaching kids to use debt is building a nice future of humanity that will be programmed to be students with loans, buy cars with payments, and get homes with mortgages. Debt is dumb. Cash is king. But nobody is going to want their kids to be exposed to such “radical” views.

]]> By: Steph http://www.financemarkets.co.uk/2010/07/02/should-schools-offer-financial-education/comment-page-1/#comment-21777 Steph Fri, 02 Jul 2010 14:50:40 +0000 http://www.financemarkets.co.uk/?p=20135#comment-21777 25 years ago we didn't have a credit culture, we waited for things. Now we have to have now! As in businesses the management of personal finances is a lifetime undertaking and should be well balanced. 25 years ago we didn’t have a credit culture, we waited for things. Now we have to have now! As in businesses the management of personal finances is a lifetime undertaking and should be well balanced.

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