10 Reasons Why Many Educated People Are Poor - Warren Buffett

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Discover Warren Buffett's insightful analysis on why many educated individuals struggle financially despite their academic achievements. In this eye-opening article, "10 Reasons Why Many Educated People Are Poor," explore the common pitfalls and misconceptions that hinder financial success. Gain valuable knowledge from one of the world's most renowned investors and learn how to avoid these mistakes to secure a prosperous future. Unlock the secrets to financial independence and wealth accumulation with Warren Buffett's expert advice.
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On average, educated people are richer and happier than uneducated. The problem is only when educated people got only school education, but didn't get any "social" education (like stress management, money management, delaying gratification). We usually get "social" education from parents, unfortunately many people (even those with degrees) had parents with issues (alcohol, gambling, disability), so the kids have to "unlearn" bad habits from parents and learn good habits, which is insanely hard, and that's the main reason why even well educated people sometimes are poor.
Second (less important) reason is that educated people often stay in academia (e.g. as researchers or academic teachers), and earning of researchers vary, some earn a lot, some earn only small salaries.

iirekm
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Im watch till end. Best advice ever. Feeling very thankful 🎉🎉🎉😂😂😂❤❤❤❤😅😅😅

BoituS
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I will become rich in all good aspects of life

martin.lifecoach
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I will never be poor in my life, I really believe that.

Financial literacy is very important.

marcusgarvey