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MSE News: Financial education: MPs say vulnerable under-25s need more help

"More should be done to ensure vulnerable young people outside of mainstream schooling receive financial education..."
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Financial education: MPs say vulnerable under-25s need more help

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  • PincherPincher
    6.6K Posts
    Forumite
    Can we do a before and after study?
    So we know that it actually made people better at managing their finances?

    My understanding of how people deal with these things is to:

    1. Look for authority figures to tell them what to do.
    2. In the absence of authority figures, follow any hear say, trend and cult to make decisons.
    3. Reluctantly go to snake oil salemen calling themsleves financial advisers.
    4. Trust the nearest relative because their mental faculties are going.

    Anything and everything to avoid having to do maths and read contracts.
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