Welcome to Animal Spirits, the podcast that takes a completely different look at markets and investing,

hosted by Michael Bannick and Ben Carlson, two guys who study the markets as a passion,

and invest for all the right reasons.

Michael Batnik and Ben Carlson work for Rit Holt's wealth management.

All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions and do not reflect the opinion of

Ritt Holtz Wealth Management.

This podcast is for informational purposes only and should not be relied upon for

investment decisions.

Clients of Ritthold's wealth management may maintain positions in the securities discussed in this podcast.

Welcome to Animal Spirits with Michael and Ben.

There was an article in the Wall Street Journal talking about literacy, financial literacy and high schools.

And they spoke about this kid, Owen, who was going to go to Western Kentucky University after graduating,

but he decided instead to go to a community college and then

transfer for two years because he found out about the cost of going to college.

It's kind of funny because when we always talk about the growing cost of college,

my brother would always say, I wonder if you'd be better off just being a manager at a fast food

place.

And it sounds like this person actually decided to do it and especially when you run the

numbers for people who can't afford it or don't understand how student loans work out.

For some people maybe that is the right choice.

So I guess this is a pretty complicated issue because it seems like some basic financial literacy

is probably a good thing.

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