Like many people, I always wondered why schools never taught us about money.
If the reason we get a job is to make money, and the reason we go to school is to get a job then why weren’t we ever taught how to become financially independent?
If money is the end goal, why aren’t we given a financial education?
In the book “What Americans Really Want…Really,” Dr. Frank Luntz, who is a respected pollster and author, found that over 70% of full time – corporate employees are considering or have considered starting their own business.
In other words, many people today dream of becoming entrepreneurs, but few will take the leap of faith needed to actually do it.
The primary reason why most of these people will remain employees and not become entrepreneurs is because they lack the financial education needed to do so.
This is the problem with our education system. Instead of schools teaching kids how to become financially independent and how to be more entrepreneurial, kids are instead being taught to be employees.
This is why many parents and school teachers continue to tell their kids, “Go to school to GET a good high paying job.”
Few parents and teachers are telling their kids, “Go to school to learn to CREATE good high paying jobs.”
This is why 88% of people today are employees, while only 12% of people are entrepreneurs.
Without a financial education, the 70% of people who want to be entrepreneurs will lack the knowledge and skills needed to overcome their fear of making that transition.
Financial education is necessary in order to provide people the essential information to becoming entrepreneurs.