What could possibly be more important than preserving our nation and our next-generation freedom? If you agree with this statement than you agree with the society to educate our youth in economics and economics is an absolutely critical item that must be achieved to promote prosperity for the coming decades. The questionnaires that we must ask are what do we and how do we do that; Otherwise, we are no more than the talking bosses who complain, but provide no solution, and far from it from society.
In America, young people are treated as if they can not learn the critical issues associated with money, investment and finances. Nothing can be further from the truth! At 6th or 7th grade, most children are actively engaged in our economy to spend money, why should they not be taught how to be a positive participant in our free (capitalist) economic system. Why should these high schools in the ages not learn what a bank is which insurance is what the government is where the government gets its money etc. Society believes that all young Americans should learn the critical life skills they need to start in the earliest possible age.
So with the question of who will be educated the question of how to train answered. Society does not believe in stupid a curriculum to live up to the standards in many cases drives our children, but rather believes in bringing the children up through a combination of audio, video and printed materials. We know that people have different ways of learning. some are visual, some are audio and some are written so we have to integrate all three methods. In addition, the lessons that need to be taught to the nations will be the next generations broad foundation, because it teaches economics and economics in English from the bottom up. The current curriculum offered towards the road to wealth library and edition offers a comprehensive curriculum with 23 key lessons. These lessons begin with the banks basis and increase the complexity of lessons about daily trade and global investment. These lessons are available in audio and print form. To complement this, The Society has produced dozens of live Webinars and Videos and will continue to create more in the future. Our position is simply that education never ends and it is a responsibility for society to create better and better content in a continuous manner.
According to a new Harris survey, 2 out of five Americans classified a C, D or F in financial literacy. This is a dangerous if not deadly statistics because the US Republic requires an informed and educated population. If individuals do not understand basic economic and economic concepts, how can we expect to vote or raise children who can make wise choices for our nations future?
The danger here is real. Firstly, economically ignorant people are unable to participate fully in a marketplace. For example, a recent Atlanta Fed study found that 36% of the population thought they had real estate loans when they actually had adjustable mortgages. The second question is that the consumer problem will lead to a government solution that will make matters worse, not better. Instead of combating the problem where it is, it is at the individuals own educational level, the government will regulate financial service providers that hold them responsible for bad decisions taken by individuals. This will dramatically increase the cost of doing business and will force smaller suppliers to close the store and thereby reduce the range of services. A consequence of this issue arises as the government alleviates individuals from the responsibility of making good choices, which leads to increasingly poor choices because they will believe it is the responsibility of others. In the end, a government solution will create lesser supply and less willingness to really solve the problem.
We must all be part of the solution to this great dilemma. Too many people sit around the kitchen table at night and simply complain about the situation in the United States. Too often people simply throw their hands off because they think the problems are faced personally and our nation is simply too big to deal with. Too often people give up and turn and their children to the state for care. The society believes that this is unsustainable as a model that eventually, if too many people buy it, there will be no more producers left paying the bills and thus society believes that we need to solve this problem by giving people a clear message about that their future is in their own hands, and we must connect this with the tools they need to build and maintain the kind of well-being they desire.