Most people are financial dumb
I was reading an article the other days that something like 90% of americans know very very little about finance and money management.
I'm amazed at how many people just spend money as soon as they get it. A buddy of mine just won a lawsuit for 150K. Instead of investing it for the future, he went out, bother a new sports car, and a new boat for $140K. The guy has 5k in the bank and is 40 years old, ready to have his second kid. It just really ticks me off how dumb some people are when it comes to money.
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