Economics & Racing Beyond Our Means

Dick Butler · 04-13-2008, 11:29 AM

Being a physician trained in the 60s I have had my share of ups and downs financially. I graduated without a single course in " how to make money" How to keep money" or what to do with money. I was lucky I only did what I could pay for when it came to everything including racing.I had financed all my education so it took a while to repay.I learned about business of money as I went.
Yesterday I visited a Opthmology school with our son. I was impressed, oh yes they had equipment, they had personel but the big impressive point was they started first year of the four year school with personal finance, business investing, how to evaluate a medical practice, and how to create a financially secure future with stock and investing. These classes are part of the required courses for four years. What an improvement. WE ALL NEED EDUCATION on money issues.
I know many people are in the same boat. No education on how to save wisely, understand medical costs, how to get better educations.It should be required to leave highschool even if you are quitting school.
It does start at home. My parents were wonderful but my Grandparents and uncles personally discussed the future goals for me and what I wanted to be in the future and encouraged me to move up the ladder in education for my family and the future.I am extremely lucky to have had encouragement but I pushed for opportunities also.
It is then dependent on the education system to provide open doors for us to attain these goals. In many states people vote against money for education, allow their children to give up school, roam the streets. That becomes a cultural issue.We need to take responsibility. We need to encourage our families to excell, to move ahead. It has been said our generation is the great generation and unless we encourage greatness from our families our country will not continue to be the greatest country on the planet.Other countries are hungrier for money, food and EDUCATION>
Greatness of our country is at stake now. We need to work together to educate ourselves on good practices and reasonable expectations and motivation of our children for tomorrow. These are the "changes" we need . Personal changes and family changes which will translate to national changes and recapturing the greatness of our country.

04-13-2008, 11:29 AM	#10
Dick Butler VIP Member Join Date: Oct 2002 Location: Richmond Indiana Posts: 1,196 Likes: 5 Liked 32 Times in 19 Posts	Re: Economics & Racing Beyond Our Means Being a physician trained in the 60s I have had my share of ups and downs financially. I graduated without a single course in " how to make money" How to keep money" or what to do with money. I was lucky I only did what I could pay for when it came to everything including racing.I had financed all my education so it took a while to repay.I learned about business of money as I went. Yesterday I visited a Opthmology school with our son. I was impressed, oh yes they had equipment, they had personel but the big impressive point was they started first year of the four year school with personal finance, business investing, how to evaluate a medical practice, and how to create a financially secure future with stock and investing. These classes are part of the required courses for four years. What an improvement. WE ALL NEED EDUCATION on money issues. I know many people are in the same boat. No education on how to save wisely, understand medical costs, how to get better educations.It should be required to leave highschool even if you are quitting school. It does start at home. My parents were wonderful but my Grandparents and uncles personally discussed the future goals for me and what I wanted to be in the future and encouraged me to move up the ladder in education for my family and the future.I am extremely lucky to have had encouragement but I pushed for opportunities also. It is then dependent on the education system to provide open doors for us to attain these goals. In many states people vote against money for education, allow their children to give up school, roam the streets. That becomes a cultural issue.We need to take responsibility. We need to encourage our families to excell, to move ahead. It has been said our generation is the great generation and unless we encourage greatness from our families our country will not continue to be the greatest country on the planet.Other countries are hungrier for money, food and EDUCATION> Greatness of our country is at stake now. We need to work together to educate ourselves on good practices and reasonable expectations and motivation of our children for tomorrow. These are the "changes" we need . Personal changes and family changes which will translate to national changes and recapturing the greatness of our country. Last edited by Dick Butler; 04-13-2008 at 11:32 AM.