Sentences with phrase «financial illiterate people»

Hence, I think selling traditional LIC plans to financial illiterate people should to treated as crime and such agents should be sent to jail along with top LIC officials.

Not exact matches

But it's one of the most financially illiterate things a person can do for their financial health.
Strangely the vast majority of people are financial illiterate, (basically a pet peeve, the reason our primary education system is so poor is that the worst enemy of a politician is an educated voter, few politicians desire an educated consumer) and trust without verification, and sadly do not want to spend even sixteen hours per year investigating the numbers and what they actually mean, and compare them to the alternatives.
People advertise it as a way to pay off a mortgage in 7 years etc blah blah blah it all sounds good to the ill informed or financial illiterate, but in all honesty, you could actually do that with any mortgage you want, you just have to be disciplined.
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