PhD and still broke: 9 Reasons why Many Educated People Are still Poor!
Introduction
Its no longer news that the education system in most countries is no longer working. What life gives us everyday is completely at odds with what is taught at schools. The school system has been business as usual, but modern life has moved on a long time ago. Little wonder that today, there are too many educated people that struggle financially. Even with the highest academic qualifications, some people cannot afford comfortable life. Something must be wrong.
We need not guess what's wrong. The education system is wrong and faulty. It must be fixed, otherwise, more educated people and indeed, most people will struggle financially. One thing that is wrong with our school system is lack of financial education. You can never learn how to manage money effectively at school. They do not teach how to avoid debts, live within one's means, handle assets and liabilities, etc. Because of this, lots of educated people make money, but are soon broke. There are 8 more reasons why some educated people are still broke. Watch this video and learn.
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School systems focus to much on results and over see people's vocations, passions and interests. Exams prove memory not how clever you are.
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Our education system is built on industrial age. Industrial age is long gone, we are now in information age where people is working completely with their minds. In my opinion, our education system is obsolete!
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For this post, I strongly believe that you're a Nigerian. Our education system is different from the macro world. The two areas are yet to work in the same path. Thanks for the post
@focusnow, Here we have to understand one thing and that is now Education system just remained as Teachings Of Scarcity and not about the building of our future with Creative essence.
It's hard for most people to make it these days. Whatever you study in school is focused on that topic, and not about how to live your life. I am not sure people would want to pay for that course even if it was offered. A lot of people cannot make their check last one week, much less plan for the future.
Over dependence on what we know and our certificates. We don't give our all because we think the education will do the rest
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Life changes, we have evolved, technology evolves should be hand in hand with the technological and educational progress