#6: Knowledge is Power
To be honest, I’m not quite sure what he means about financial literacy being gatekept from the masses; that implies that someone out there is actively trying to keep people from learning about finances, when I think the truth is just that a lot of governments and school districts fail to see the importance of financial literacy education.
But I absolutely agree that financial literacy should be more widely taught than it is. This is one of those basic skills that you need to survive in the real world, along with how to wash your own clothes and feed yourself. Many schools don’t teach it at all, or they teach a short segment on financial literacy as part of another class.