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The problem with the current educational system is that you are put into colossal debt without first being educated on how to manage it.
Starting off your professional life with close to £27k in debt and zero knowledge on how to strategise the repayment is setting up the youth for failure with a financial handicap.
Even after you repay it, you are crushed by the skyrocketing prices in cost of living and real-estate.
Unless you have more than a decent understanding of how banks work, how to use debt to your advantage and manage your mortgages, you are destined to live a stressed out life.
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MORE IDEAS ON THIS
You’re going to spend the majority of your life in a romantic relationship with someone.. How about we learn how to pick the right one?
This new generation is growing up with tinder, nudes and netflix & chill as viable “dating” options. Thus they will never be able to develop emotional inte...
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We’ve never seen people waste time the way we’ve seen in universities and schools.
Give a student 3 weeks to finish a project and in the last 4 hours before the deadline the group-chat is blowing up with everybody trying to pitch in the least amount of work that would get them a passing gra...
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745 reads
By the end of your education, it would be really valuable if you were self-sufficient from all stand-points of your existence. That’s the least you would expect right?
You will spend a large portion of your life (around 1 and a half hours per day actually) eating, yet nutrition is not somet...
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538 reads
So you’re done with school right? Now what?
Most of you probably ask your parents for recommendations or someone who’s a bit older for a game plan. Otherwise, you have no idea what you’re doing resulting in time wasted, resources consumed and the feeling that you will need to compromise at ...
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591 reads
We live in a digital world. More than half of your awake time is connected to a digital version of reality, you are in the digital space right now, consuming this article through your screen.
Your digital profiles are online 24 hours everyday accessible to almost anyone looking to find them...
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533 reads
Believe it or not, Public Speaking is the only thing people fear more than DEATH on average. What would it be like if in the 12 years you spent getting educated you would conquer this fear to the point where you are comfortable presenting yourself and entertaining a discussion on any topic.
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Mental illness is a BIG issue today. 1 in 5 people is struggling with a form of mental issue. From ADHD to anxiety, to depression, you never learn about these in school. Mental health is a 100 Billion dollar industry in the US alone, because we are never taught how to take care of ourselves.
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You know how we mentioned values at number 8? The manifestation of the core values on which a society prospers is found in the Human Rights. This is something fairly new, we humans came up with and it’s the best thing we were able to create so far.
Human rights are the backbone of any well ...
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554 reads
The last thing you would want is the school to tell you what your values are and what you should be passionate about, but it would be really damn useful if they created a framework so that you could find that out for yourself.
Imagine instead of learning the names or every mountain and rive...
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This is another thing we left to chance, just put a bunch of kids in the same room and they’ll figure it out. It sorta worked out ok, but what do you do once you get older? Have you noticed how hard it is to make new friends after you’ve finished school?
This is a serious issue, because one...
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971 reads
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Wouldn’t you love to learn in school how money works? Why some people earn more than others, how to increase your salary, how to save money or how to invest it?
Even today, in most households money is still a taboo subject, despite it being the fuel of our society.
Your parents are ba...
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Learning how to learn, how much of a phenomenon of a skill that is.
If you only got this right out of school and didn’t feel the need to beat the system in order to get higher grades, your life would be so much easier, because this is the skill to rule them all.
The upside is enormous...
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Life has pretty similar path for most of us: we are born, our parents take care of us, we get educated, we figure out a way to sustain ourselves, we form a family, we have our own kids, we grow old and then we die. Such a great note to start this article on isn’t it?
In it we’re going to fo...
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You probably have no idea about the differences between good debt and bad debt. Most people finish school with zero introductions to how debt, interest and mortgages work.
Why is it so important to learn about these things? Because at some point in your life you will want to buy a house for...
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853 reads
The goal of the entire thing should be to make you self-sufficient and a positive part of our socio-economic system.
Unfortunately, at least in the last couple of decades, it doesn’t do that good of a job. It’s pretty decent, but from an efficiency and effectiveness perspective, it could de...
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Benjamin Franklin used to say: in this world nothing can be said to be certain, except death and taxes.
We might actually cure death before we find a way to work without taxation. Taxes & Bills are a necessary part of life and you’ll have to deal with it a lot more frequently than you will ...
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1.03K reads
There are so many aspects of finance which would’ve been really useful to learn in school in order for everyone to be more efficient in their lives, like how to balance a checkbook, how to save for retirement, why some people are better off pursuing businesses while others will be happier working...
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CURATED FROM
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I am now going to university. A fresh new start, yet I feel more lost in life than ever. This article explains how a few tweaks in the education system can make us better prepared individuals in the long run.
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MORE LIKE THIS
An emergency savings fund buffer is vital for freelancers. It will help you to keep your head above water when your income fluctuates.
A zero-sum budget means living off last month's income alone. This can be done in the following way:
First manage the money you do have, then use your money to generate more money. You don't need to think about investing until you're out of debt and have multiple ways of generating income.
Is debt acquired to purchase something that is going to benefit you financially in the future, usually with low interest. That means it's either going to generate income or allow you to make more money in the future.
Examples of good debt:
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