We were not taught financial literacy in school. It takes a lot of work and time to change your thinking and to become financially literate.
I do worry that we're failing in a whole bunch of fundamental ways to distinguish for our kids between needs and wants. And we're failing to distinguish between production and consumption.
A citizen who casts his ballot without having to the best of his abilities studied as much economics as he can fails in his civic duties.
More and more people are becoming aware that government has nothing to give them without first taking it away from somebody else-or from themselves. Increased handouts to selected groups mean merely increased taxes, or increased deficits and increased inflation.
Most Americans don't know enough about basic economics to fill out one fortune cookie.
Economics is everywhere, and understanding economics can help you make better decisions and lead a happier life.
I think that I know the value of a dollar.
Having a financially illiterate society is dangerous, and we have to do something about that.
Whether we like it or not, it is a fact that economics cannot remain an esoteric branch of knowledge accessible only to small groups of scholars and specialists. Economics deals with society's fundamental problems; it concerns everyone and belongs to all. It is the main and proper study of every citizen.
I learned very early in my investing careers: I better not invest in what I want. I better invest in what's happening in the world. Otherwise I'll be broke - dead broke.
Wake up, you idiots! Whatever made you think that money was so valuable?
I'm not stupid, and the people around me aren't stupid. You can't ignore the economic realities of the ways that business is run and the way clients think.
Financial sense is knowing that certain men will promise to do certain things, and fail.
Let's also teach people about pensions and savings, insurance and the like. But if they aren't already familiar with numbers that won't be as effective as it might be.
Lunches don't get free just because you don't see the prices on the menu. And economists don't get popular by reminding people of that.
I'm real conscious about money still. That's how I came up and you can't shake that.
I'd rather see a woman elected...They understand they can't spend more money than the old man brings home.
Humans have trouble with economics, as you may have noticed, and not just because economic circumstances sometimes cause them to starve. Humans seem to have an innate inability to pay attention to economic principles.
Financially, I've lost money and made money, but I know my way around financially.
I can't think of a president who has been overburdened by a knowledge of economics.
I'm completely irresponsible, I'm afraid. I'm ignorant about money as a commodity - I have never really understood it.
There is no means by which anyone can evade his personal responsibility. Whoever neglects to examine to the best of his abilities all the problems involved voluntarily surrenders his birthright to a selfappointed elite of supermen. In such vital matters blind reliance upon 'experts' and uncritical acceptance of popular catchwords and prejudices is tantamount to the abandonment of self-determination and to yielding to other people's domination. As conditions are today, nothing can be more important to every intelligent man than economics. His own fate and that of his progeny are at stake.
I did not want my children to grow up only knowing other upper-middle-class kids like themselves.
There's a great lack of financial literacy and understanding in this nation, even among college-educated people.
What makes it [economics] most fascinating is that its fundamental principles are so simple that they can be written on one page, that anyone can understand them, and yet very few do.
