Quote:
Originally Posted by DrPhil
I don't see where being smug and looking down on anyone is even part of this discussion. That may be what this topic is fundamentally about to some people but that isn't what this topic is about to me.
The point is that foresight is 20/20 and that is what many supporters of financial literacy programs and financial assistance programs are hoping people of all income levels will learn.
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I'm not arguing the benefit of the financial literacy programs you're discussing. I think they are very useful. I agree that all income levels could use help learning to spend within their means and save for a rainy day. That being said, some days are rainier than many people can save for.