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RE: The Cost of NOT Understanding "Cost Of Living" - Lessons Parents Need to Teach Their Children

in LeoFinance3 years ago

I think personal finance should be part of the curriculum, it helps a lot. Though I am good with money but when I started working I have made mistakes with investment. Now I am on track but I realized very early whereas a lot of people do not realize it until they are broke.

Now Cost of living varies a lot based on the city you are in though that is mainly on rent, other than that I guess everything is similar.

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I think that curriculum can play a role in the learning process, but I hope that my wife and I do a good job of addressing these issues (especially as an example and in everyday conversations).

We all make mistakes. That is part of the learning process. I am glad to hear that you are back on track! Good for you.