Why Financial Education is Hidden

Banks earn on overdrafts, cards, and packaged products. Clear customers are less profitable than confused ones paying annual fees for perks they do not use.

Advisors may be salespeople on commission. Fiduciary standards vary by country. Read conflicts.

Schools omit depth because tests and lobbying slow change—not because teachers love ignorance.

Influencers sell courses and affiliate links. Verify whether advice works if commissions vanish.

Self-education sources: fee-only planner consult once, Bogleheads-style indexing basics, government consumer sites, library investing books.

Teach kids fee math early—$10 subscription is $120/year forever.

School-never-teaches-money article parallels.