4.8 • 2K Ratings
🗓️ 15 March 2018
⏱️ 19 minutes
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0:00.0 | Hey everyone, Rob B here with Rob D and you are listening to episode 261 of the Property Podcast. |
0:06.4 | Now unfortunately financial education isn't a topic we ever learn in school. |
0:11.2 | So many people don't know whether inflation is good or bad if |
0:15.1 | debt is a dirty word or even that there's an eighth wonder of the world called |
0:19.3 | compound interest. All of that is going to be covered this week. |
0:23.0 | So some background for this episode. |
0:33.0 | Rob and I spent a couple of days together this week doing what was meant to be a planning session for our businesses for the next couple of years. |
0:39.0 | We were in an amazing location, we had a lake outside, there were swans floating serenely by, |
0:45.2 | but as we often do when we get together, we completely ignored our beautiful location. |
0:50.0 | We pretty much ignored what we were meant to be talking about and we spend a good amount of time |
0:53.8 | ranting to each other about the state of the education system. |
0:56.8 | It's a favorite hobby horse of ours and with good reason. |
0:59.6 | Finance and wealth building and money management is so important but you just do not |
1:04.4 | get taught it at school. We didn't learn it all those years ago and it's still not |
1:08.6 | being taught now and as a result people are making poor financial decisions and quite frankly costing |
1:13.7 | themselves a whole load of money and I'm not having the lives that they could have if |
1:17.3 | only they'd had this education sooner. So Rob we thought why let a good rant go to |
1:22.0 | waste and this seemed like a good |
1:23.2 | opportunity to replay an episode that we recorded four years ago about this very |
1:27.8 | topic. Yeah and what's incredible Rob is four years on yes four years ago we |
1:32.0 | recorded this pod class gosh we've been doing this a long time now. |
1:34.8 | The lessons, how many have changed? |
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