Mike Carruthers

You mentioned that people think that doing this is complicated, and I think that's certainly right.

Okay, so if I'm going to save money, how do I do that?

Because putting it in a typical savings account at a bank is going to earn you zero interest, or almost zero interest.

So what's the process?

What's the simplest path to getting this started so people don't go, yeah, I don't know how to do that?

Okay, so we're saving for an emergency account.

We're saving for our retirement account.

But where are we saving if you don't own a home?

Where are we saving to buy a house?

You know, what's interesting is people have been talking about

We should learn about this in high school for decades and decades and decades.

And it never seems to really happen.

And I know when I graduated high school and went off to college, I didn't know anything about money other than a few things my father taught me.

So I didn't know.

I had no idea.

And I think that's true.

If you don't know what you're doing, there's only one way to learn, and that's through trial and error.

And there's a lot of error there.

and trial when you're playing with money and you make a lot of mistakes.

And I've never understood that because I don't, I've never heard anyone say, no, we shouldn't teach it in school, but it still doesn't seem to be that important that it get into the school curriculum.