I couldn't agree more.Originally posted by Antonito
Forget the advertisments, if we're going to make legislation for help, legislate proper economic education in highschool. Even when people get told Y and Z, they don't care because they don't have financial foresight
In a rental property I owned a few years ago, I had a very nice tenant. He was in his 4th year of Engineering, was born and raised in Canada. He had a retail job to pay the bills, and was just moving out of his parents' house.
When I asked him for post-dated cheques for his rent, he had to go to his bank and order cheques, since he'd never had any. And then I had to show him how to fill them out.
Now he has a big job, a big car, a big house, and (presumably) big debt. I doubt he has any idea how any of it works.