Financial education

Importance of financial education

Importance of financial education

Importance of financial education

Financial Education is very useful for everybody. I have seen many news that lots of small business were become bankruptcy because of lack of knowledge in Finance. I will take one example.

I’m Sure that Most of the people must heard about economy falls to serious recession due to bubble burst.For this bubble economy in Japan burst during 1990s, Japanese property price falled dramatically and lots of Japanese companies filed bankruptcy after several years of economic boom (Other asian countries also had similar experiences during late 1990s too).

Same kind of burst happen in United States during 2000 (Tech bubble) and 2006 (Housing bubble). I plan to write about process of bubble economy soon.
My point here is: if more people understand about detail of bubble economy (why and how it is created), much less people will be victimized and destitute due to bubble burst. I am sure that if people can tell whether or not this boom is artificial due to bubble forming, they would not invest in or expand the business……..

In takeshiyashima blog Takeshi written more details about this Article. Here i just written the magnetic part of his article. Go to http://www.takeshiyashima.com

Advertisements
  1. No comments yet.
  1. July 21, 2012 at 1:23 pm
  2. August 14, 2012 at 12:59 am
  3. September 21, 2012 at 10:23 am

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: