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TopicWhy is it so many people dont have any sort of savings
sktgamer_13dude
08/18/19 7:41:00 PM
#93:


Alucard188 posted...
JuanCarlos1 posted...
1) Youre an exception
2) Financial literacy is not taught at school or college and on purpose most likely. Consumerism would be much lower, banks would miss higher interest rates due to more people having better credit.


All of this. Doesn't matter how much money you make if you have no concept of how to spend it and what to avoid. It's why they have actual economic professors teach special seminars to new NFL prospects and players on how to manage their money.

I had a very modest upbringing, but I learned how to manage finances and spend within my means. As a result, I have no debt. I don't make as much money as I would like, but I'm not chasing debt like a lot of people.

The ESPN 30 for 30 on that stuff is amazing (Broke). So many professional athletes go broke in all sports either due to not being able to manage money better or being screwed by friends and trusted associates. Kind of sad to see tbh.
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