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I just read that article a few minutes ago. The writer brings up many valid points. The combination of a financially ignorant society and monster sense of entitlement is not a good thing. I'm not sure what it will take to change people's attitudes toward money.
Mental dialogues that go "I'll save for retirement later." and "Hey! I can afford the payment!" are catching up the US. I think it's going to get ugly in the near future.
Yes, Suze Orman oversimplifies things, but we all started with the alphabet when we learned to read. Those who need financial education need to start with the basics. I'm doing my best to teach my daughter about money at a very early age. She rarely watches any broadcast TV but at 3.5 asks, "Daddy. What is this commercial trying to sell me?" if she happens to see a commercial. I'm so proud!
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Lee
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