Friday, March 20, 2009

Ignorance is bliss...

So we're in a recession. Our government is shelling out money; to taxpayers, the unemployed and big business. Big business is utilizing its spoils. Only in America can you screw up your own finances, ask someone else for money and continue on with business as usual. Granted, that's messed up, but isn't it what we are taught? Pass the buck? Your mistakes are someone else's fault? These businesses are clearly telling the rest of us "step your hustle up."

But enough finger wagging. I believe now is a time to focus on something more dire. The next generation. Robert Kiyosaki stated that our inner city kids are missing something far more important from their daily educational process. Financial education. We grow up around some of the basics of business education. Supply and demand. Unfortunately, it is in a violent environment, but the lesson is still the same. Whether its the street or Capitol Hill, we're hustlers, at least the business minded amongst us. The streets are lawless for the most part; Capitol Hill hides behind lawyers. The streets would too, if they could afford 'em.
Roughly 95% of our country are taught to go to school, go through various degree and accreditation programs and someday, if you're at the top of your class, then you may excel. Maybe. Of course, the problem with this thinking is there are more people unemployed, which makes for tighter competition. The small wedge of cheese to a box full of mice.

This is the time of the entreprenuer. It is these individuals, partners and groups that will create the small and mid-sized businesses that will create jobs, which will stimulate the econmoy. But if the next gen doesn't know how attain assets, reduce expenses and manage money, the cycle of poverty and despair will continue. And I know what you're thinking, "here he comes with his over-simplification again." This time your right. Yes, I am over-simplifying because it is that simple. In addition to Math, Science, and Geography add to this Finance Basics. I mean the simplicties of of supply and demand. Kids creating mock businesses and learning about overhead expenses, basic marketing and advertising, service versus product businesses, etc.

Yes, it may seem boring, but it only was made to seem boring. Making money is actually fun. Especially if you doing you love doing. Kids would probably figure out their calling sooner in life so their adult lives would be a bit more focused.

But then again, it is easier to complain about your problems rather than working toward a solution. Sweet sweet ignorance.

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