Thursday, November 15, 2007

Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal — that there is no human relation between master and slave.

Personal finances are a delicate subject. School doesn't teach you how to take care of your own money. Of course, you learn economy, what's the marginal profit or indirect elasticity but nobody teaches you how to make a budget, how to prioritize your expenses, how to invest and so on. I'm convinced that simple, practical lessons about personal finances, working in a company or relating to others would spare us of thousands dramas.

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