DISQUS

The kids are stupid compared to what though? It would have been more interesting if they gave the exact same test to their parents and compared the scores.

All that survey tells me is that kids have declining financial literary which match the explosion of debt levels across the nation so are the falling test scores a generational thing or a societal thing?

Seems like they jump to conclusions without looking at context...

Anyone starting their career should avoid consulting unless it is the industry norm. The best way to learn about business is by doing it and learning from your mistakes. Consultants advise but rarely implement. Its hard to learn a business that way and how can you advise if you never worked "in" a business?

Its a different ball-game if you have worked for some time and then become a consultant.

Both Prosper and Lending Club have to register with the SEC. What they do can be considered a "security" (as legally defined). I can't comment on why Lending Club has stopped taking no lenders while Prosper continues to take new lenders while both are undertaking the same regulatory compliance.

We have become a society of human doing and not human being. Good post.

When the U.S. Census Bureau reports that only 41% of real estate investors actually made money, you know its not as easy as it looks!

I tend to find the bigger the organization, the more "pressure" is exerted. I have worked for big and small and, in a small office, everyone is friends so nothing seems forced.

I agree with Four Pillars- I am annoyed when someone picks a charity for me at work and thinks it is more important to promote that cause than any other. We all have our pet charitable causes; why is someone picking one for me?

I have been a member of several master mind groups for businesses and the effect on becoming a better entrepreneur is incalculable. The differing viewpoints on an issue alone is worth it. I would suspect there would be a similar effect on personal finances.

One important thing about a good mastermind group- find people with similar goals but different life experiences and backgrounds with you.