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Wednesday Night Podcast: The Bubble Genius Bob & Chez Show, 11/10/15

386
wrenchwench11/12/2015 10:15:43 am PST

re: #376 I Stand With Planned Parenthood

I heard a part of a report on Sirius NPR last week. A recent college graduate was interviewed about life skills. She was a mechnical engineer and had just landed a job making $81K. She didn’t understand that she had to get a car and to do so had to finance it. She had no understanding of the process and as a result did not have enough for a down payment.

You’d think there are some industries out there profiting from people’s financial ignorance. Otherwise they’d teach finance in high school.