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

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

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fabian98 in LeoFinance • 3 years ago

This is a great jewel...

You explain it in detail and very easy to understand.

My parents talked to me very little about financial education and the one they gave me doesn't help me much, even though I live on my own with my wife and we live in a house that we are taking care of and we don't have to pay for anything.

I have seen how lately the cost of living in my country Venezuela has increased significantly since the dollar has taken over the economy.

Really the issue of how to manage finances should be taken seriously, because in 10 years we will have many young people with debts and an economy that will be destroyed much more.

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3 years ago in LeoFinance by fabian98

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sumatranate 3 years ago

Thank you for your comment. I agree that parents need to teach their children about finances. I am sorry to hear that the lessons you were taught were not that helpful.

It is very challenging when the cost of living increases, especially when you have not moved to another city, but are just staying where you always lived.

I agree that managing money is important for current and future generations. If people do not learn how to manage money, they will always be in debt and that will harm them personally and the economy.

Thanks for stopping by!

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