2008: Change = Education

As 2008 comes to a close its easy to look back and say that we’ve undergone a significant amount of economic change.  Change is constant and will never come to a halt, but 2008 has brought forth more changes in our economy than we’ve seen in a couple of decades.  The changes we’ve seen in the last decade have lead to the change we’ve seen this year.  I could talk for days about the lackadaisical lending patterns that lead to our current economic state, but we’ve all heard enough of that in recent months.  The emphasis now needs to be about education on how to move forward.

The education needed in today’s society has to start as a foundation for our youth.  I believe strongly that financial education should be established prior students graduating from high school.  The current lack of financial education has led to our dismal state of consumers with literally no sense of financial responsibility.

As I’ve said in recent posts it’s important to be educated about credit, budgeting, and financing.  In regards to mortgages, it is especially important to be educated about the needs to obtain credit and the responsibility of managing the privilege of home ownership.

Please stay tuned in the next few weeks for some great tips and tools for financial education as we enter the new year!

Have a safe and fun New Year!