In much of the analysis of the causes of the financial crisis a frequent claim is that too little regulation of banks and financial institutions was a primary culprit. But what if instead of too little regulation, faulty regulation played an important role?
If you think about it, every person will inevitably require managing money. Credit, money management, and savings discipline are all an everyday and integral component for operating a successful adult life. So how is it our youth not receive basic and consistent financial education? Believe me, I agree that history, science, mathematics, and language arts are important, but in my opinion, money management is more important.