Why are such a lot of US citizens Financially Dumb?

Millions. Witness the people standing in line overnite for the perquisite of "25% savings. "are not they waiting to SPEND money? If you are a non-believer, read these statistical data : one. "So far, the explanations why we we are financially dumb are due to skyrocketing costs and insufficient schooling. But obviously, these are not all of the contributory factors there are more reasons, including. Are you able to actually "get rich quick" with HYIP's? : How Long Does It Takes to become a Millionaire with HYIPs? Let us assume you begin with $500 to invest. Don't use money you've got to have to rent or food. It's based on teaching highschool mathematics thirty years back compared to teaching college-level mathematics in 2003. Youngsters in the same area are less talented than thirty years back. Folks forget they are finance idols. And the writer's opinion is an informed guess.