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Tuesday, 4 October 2016

If we want to give people control of their lives, we must teach personal finance in school

If we want to give people control of their lives, we must teach personal finance in school
- The truth is thatgrandparents don't give very good financial advice, although they are well-meaning. It is just not true to say that we shouldn't borrow money. The important question is whether 21st century Britons know the difference between good debt and bad debt – between a zero percent overdraft and payday loan rates. The evidence suggests that a worrying proportion do not.