ilmscore | Prediction Details
"education at school is tailored towards getting a good job getting promoted earning a high salary and then we're told to save part of our pay the pay that the tax man doesn't rate for us they tell us to put that money into savings accounts with interest rates that don't even keep up with inflation and they tell us to invest it in Isis and 401ks which are managed by someone else who is making money doing it that's where the problem is building true wealth under this Paradigm is mathematically impossible in fact the schooling system is designed to keep most people poor or at least working hard their entire lives just to keep their head above water and we've been so indoctrinated in this ideology that most people just think this is the way it is and that there is no alternative there is nothing else to do they don't teach us financial literacy in school they don't teach us about mortgages about taxes about corporate structures managing your finances none of that so it's up to us to close the financial literacy Gap and educate ourselves on these topics"
By Nischa | November 20, 2022 | Pending
From video
Habits That Made Me 6 Figures by 24 (My Formula) 00:00:34 - 00:01:28
Interpreted Prediction
The current education system does not adequately prepare individuals for building wealth, as it focuses on employment and saving with low interest rates, rather than comprehensive financial literacy. Individuals must proactively educate themselves on topics like mortgages, taxes, and corporate structures to achieve financial success.

Prediction Details

Topic
Personal Finance Education

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