Comments on: Is Not Having Financial Literacy An Excuse For Being Broke? – Read & Take Our Poll

By: Mark Dias

Mark Dias — Sat, 12 May 2018 06:18:05 +0000

Hello the sound of wind and rain or whatever that Chinese name meant. I love your style of writing and if that is the way you sound like in real life, you must be the life of the party. Yeah it one of my blog posts there was a lady next to buying a car as I was negotiating for mine. She bragged how great of a deal she was getting. I plugged the numbers in my financial calculator and figured out she was paying 5,000 dollars over what the sticker price worth. You are worth 1.2 million at the time I was thinking about saving. I am 64 married, wife is 3 years younger. Our house is worth a million plus, and our net worth excluding house is 3,5 million.

By: Will

Will — Tue, 17 Apr 2018 19:48:19 +0000

I found the majority of the elderly in Asia are very good with saving, but are not very knowledgeable in growing wealth efficiently by investing etc. I guess the unpredictable nature of society in Asia makes saving a top priority. (You would know better about that than me)

As for teaching basic finance in school, it would be a good idea. But how many adults nowadays truly have their finances in order to teach it properly?

Previously, it was also up to the parents to teach their children the value of money, amongst other life skills, but hands off parenting (due to both parents working, use of carers etc.) creates a “vicious cycle”.

PS: Do you still do art? As a fellow artist I’m curious. You can still find some time for it if you want to!

If you’re still interested, there’s Bobby Chiu podcasts to listen to about artists in all sorts of industries from movie storyboarding to children’s books of you want some inspiration. ?

By: Lily

Lily — Thu, 12 Apr 2018 06:13:22 +0000

In reply to Mr Defined Sight. I picked quickly too. It's not a flaw, there's nothing wrong with having an opinion!

By: Lily

Lily — Thu, 12 Apr 2018 06:11:26 +0000

In reply to GYM. Haha, the power of umph!!!

By: Lily

Lily — Thu, 12 Apr 2018 06:10:38 +0000

In reply to Angela @ Tread Lightly Retire Early. Confidently unconfident!

By: Lily

Lily — Thu, 12 Apr 2018 05:59:26 +0000

In reply to Ms. Frugal Asian Finance. Boo you and your fancy low fee 403b! :) Jk. Do you still have the first day photo? Lol yay we're dorks.

By: Lily

Lily — Thu, 12 Apr 2018 05:57:04 +0000

In reply to The Poor Swiss. Yes strong point. This country does literally absolutely nothing to teach youths $ literacy. Then they're signed in for life on some loan. Too freakin' wrong.

By: Lily

Lily — Thu, 12 Apr 2018 05:55:28 +0000

In reply to Kris. I'm so glad I'm the second example Kris! The first thing I did on my second week of work was go...oh..snap this is not where I want to be.