23-11-2012, 05:43 PM
After studying Economics in addition to the Sociology course i'm doing, i won't bore you too much about what you already know about the economy but yep, that is a very interesting video indeed.
But where was his income? Where was his partners income? Benefits etc. etc. And yes, using "him" as a generlisation, i notice IT has no gender.
It's actually interesting the amount people DO know about money, but saving is something which is near impossible now; for example, cosider buying a NEW car, you won't afford a NEW car outright, you have to get finance... ofcourse, there are alternatives such as buying a second hand car etc. Also, it's important to understand that the government does NOT want us, as consumers, in debt. Debt = no money = no spending = no taxation = no payback of government debts. Governments insist on making consuming as 'fair' as possible
Yes this video is a very laymans understanding of how expenditure works and how interest on products exists, but again, the gov. have rules in place, they understand that companies take this piss with interest and stretching it across a wider gap as possible, which is why policies are i the process of coming into power where you CAN pay back early... going a bit astray from the video, but still, the gov. plays a large part in the whole debt scenario.
As a student, i KNOW the debt i'm getting myself in, and yes, people can earn the same wage as myself without going to uni etc etc... i'm no disputing that, i congratulate those. Personally, uni was a choice to understand as much as i possibly could about the world that i enter as i grow up and become independent. Reading newspapers/news/interenet sources or whatever about how 'money' works is pointless. theres always going to be a bias somewhere along the line. Where capital is created, loss must exist.
I feel that once graduates progress through uni, they have a fairly decent understanding on how to save, manage finances, and generally become more mature. I think targetting any age type for financial advice needs to be done at a more junior level; something which they are going to understand. The concept of making it 8bit, animated and almost a game etc. is relative and quite appealing.
Targeting the junior levels is something which isn't particularly explored and could be quiet a niche if this was going to capitalise in any way. So yeh, aiming at uni students is, imo, somewhat pointless
But where was his income? Where was his partners income? Benefits etc. etc. And yes, using "him" as a generlisation, i notice IT has no gender.
It's actually interesting the amount people DO know about money, but saving is something which is near impossible now; for example, cosider buying a NEW car, you won't afford a NEW car outright, you have to get finance... ofcourse, there are alternatives such as buying a second hand car etc. Also, it's important to understand that the government does NOT want us, as consumers, in debt. Debt = no money = no spending = no taxation = no payback of government debts. Governments insist on making consuming as 'fair' as possible
Yes this video is a very laymans understanding of how expenditure works and how interest on products exists, but again, the gov. have rules in place, they understand that companies take this piss with interest and stretching it across a wider gap as possible, which is why policies are i the process of coming into power where you CAN pay back early... going a bit astray from the video, but still, the gov. plays a large part in the whole debt scenario.
As a student, i KNOW the debt i'm getting myself in, and yes, people can earn the same wage as myself without going to uni etc etc... i'm no disputing that, i congratulate those. Personally, uni was a choice to understand as much as i possibly could about the world that i enter as i grow up and become independent. Reading newspapers/news/interenet sources or whatever about how 'money' works is pointless. theres always going to be a bias somewhere along the line. Where capital is created, loss must exist.
I feel that once graduates progress through uni, they have a fairly decent understanding on how to save, manage finances, and generally become more mature. I think targetting any age type for financial advice needs to be done at a more junior level; something which they are going to understand. The concept of making it 8bit, animated and almost a game etc. is relative and quite appealing.
Targeting the junior levels is something which isn't particularly explored and could be quiet a niche if this was going to capitalise in any way. So yeh, aiming at uni students is, imo, somewhat pointless
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