Oct 17 2008
Education quote #4
“Formal education will make you a living; self-education will make you a fortune.”
– Jim Rohn
What do you think of this quote? I think that there is a lot of truth to this statement.
To start with, our schools generally do not teach personal finance or investing courses. Teaching simple concepts such as balancing a checkbook and how credit cards work could go a long way in helping our youth to become financially responsible citizens.
Secondly, there is a shift in today’s society in terms of holding one job for an extended period of time. Formal education can help people get their feet in the door, but people need to increasingly keep their resume and experience relevant in order to move ahead to the next position or next job. Continuing on with more formal education can help with this, but only to a point. These days, it’s much more about networking and self-learning. That’s just my opinion…
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