Most people study in school, yet the education system does not provide financial education. Even though it doesn’t take long for us to realize that finance is an essential element of survival, isn’t it strange that schools don’t offer financial education? Economic activity is a power game where someone wins and someone loses. One person’s loss is another’s gain, and my sacrifice is someone else’s fortune. In other words, economic activity embodies the harsh reality of deciding between discomfort and the uncertain odds of a game that determines who occupies a position, even though that position has already been predetermined. This issue is further exacerbated by the fact that people have different productive capacities and society mandates that the means of value exchange is cash (fiat currency). To survive, you must first understand how social systems function. - Joseph’s “just my thoughts”
The significant characteristic of a mistake when it has occurred once is that it tends to be repeated over and over again. Therefore, genuine mistakes are only the first ones. After that, each subsequent mistake proves a lack of wisdom. People rarely change, so instead of trying to change them, we should wisely change the system to which they belong. - Joseph’s “just my thoughts”