While I agree with you, most people don’t want to spend the time learning all of this. Furthermore, I had the luck of good financial education and I had to wade through a sea of rubbish just to get to the good bits. But as someone who’s new, how do you learn? That’s the problem. And even if they could learn, how are they going to start saving? Is the supermarket cashier just making ends meet by a hair’s length really going to start saving up thousands and thousands of quid just to be able to see some real returns? Don’t hate the player, hate the game. You have too little money to start making some real returns. And because you have no real returns, you need to work for menial tasks and menial money. And therefore, you cannot start saving up and make some real returns, the cycle is complete. What a nice system that we put our lives inside of.
While I agree with you, most people don’t want to spend the time learning all of this. Furthermore, I had the luck of good financial education and I had to wade through a sea of rubbish just to get to the good bits. But as someone who’s new, how do you learn? That’s the problem. And even if they could learn, how are they going to start saving? Is the supermarket cashier just making ends meet by a hair’s length really going to start saving up thousands and thousands of quid just to be able to see some real returns? Don’t hate the player, hate the game. You have too little money to start making some real returns. And because you have no real returns, you need to work for menial tasks and menial money. And therefore, you cannot start saving up and make some real returns, the cycle is complete. What a nice system that we put our lives inside of.