Advice for young people: Learn about money | Alex Gladstein and Lex Fridman 

I think you should make a playlist called "Advice for young people" and put all of these clips there.

This guy was straight to the point no bull shit. No waste of words

I am so grateful to hear voices like these that have a voice that is thought provoking and individual. So rare in today. Interesting that communication has become so prolific however the medium is so bland and uniform. Love hearing some free thinkers.

Hello, Team Lex. I will apreciate if you bring us english subtitles or open English transcript. Those aren't available from here for my deaf family member. We are grateful for the quality of your work. Greatings from Chile.

It's infuriating that grade schools don't have personal finance courses as a requirement before graduation-and no, 'home economics' does not cut it at all. A VAST majority of crime and suffering in society revolve around money or people's financial illiteracy. Robbery, theft, homelessness, addiction, domestic violence-literally almost everything is influenced by money or lack of it. But public schools do not prepare children to be financially literate at. all. Roth vs traditional IRA, investment strategies, good vs bad debt, the importance of keeping a good credit score, how bad credit influences loans and interest rates, etc. Its such basic knowledge that I had to go out and learn/research on my own online after I graduated college. If money is the root of most of our problems, why aren't these things drilled into the brains of young people before they leave high school? How much human suffering could be avoided by just doing this?

"Taliban are going to take over again" couldn't have aged better.

I grew up in the era of Home Ec. It taught me nothing about money. Nor did my parents. You did not talk about money in those days or anything else, for that matter. So, I learned about finances by experience and life lessons.

One of the best advices I’ve heard on this show. Our modern world revolves around money, whether you like it or not.

Keep it up!

I had a checking account at 6 or 7. I remember it was hard to sign my name the same way each time I signed a check.

Ready for a mic drop moment? The teachers don’t know personal finance either.

Hi, lex have a question or questions for you. Have you looked into bankers/courts, trusts, hard currency, paper money, bonds, securitys, and last but not least the bankers wars through out history?

One thing I would tell my younger self would be to start investing early and often, and understand general finance.

“Mo Money Mo Problems” Realest shit

Low this guy so refreshing thank you

Why is the auto generated caption in Vietnamese although I am living in Russia and using English as a primary everyday language on the internet, any ideas?

Lol this guy just red pilled lex on Iraq and Libya

Recommend you get Warren Mosler who is the key founder of Modern Monetary Theory on. He knows money and monetary operations better than most. Or Stephanie Kelton who is the leading mainstream voice of MMT now.

Learning about money is only one thing we need to do. Its not going to solve the issues with society.

Unfortunately a lot of institutions dont teach the fundamentals in a practical way as to how money works, how to earn it while remaining ethical, how to start a business, and how to keep it running. Hell economics class in my High School was one of the most useless classes i've ever taken I learned absolutely nothing, and neither did anyone else.

I was glad to have taken a personal finance course in high school but I think it should be a requirement and not an elective. Even if you major in business, most people don't understand finance and economics, they only know how to get a job in those fields. I stil remember my accounting manager that took all his money out of his 401K after the great recession. Robert Kiyosaki's books started my journey towards financial freedom.

The Kakeibo record system saved me.

8:30. I was expecting an anti-American burn the flag rant, but that was a really good point and I agree wholeheartedly. You should be proud of your country and origin, but the wars in the middle East was a shitshow. So unnecessary and wrong. Let's move away from the Petrodollar and remove Saudi Arabia's power.

Lex have any of your guests touched on the fact that we were protecting the poppy fields in Afghanistan to sell the opium to big pharma ? A huge factor in the global movement of money and power was the opium addiction and crisis in america that was manufactured by big companies behind the scenes, and a huge part of that was the US military protecting the poppy fields in the middle east.

it is so hilarious the think tanks we have working hard on overcomplicating the concept of not having money.

What is money?

I don't know how to process

The best advice - learn to live without borrowing! Banks are unpredictable.

Stay out of debt , avoid car leases, contribute to your Roth IRA, and learn skills people are willing to pay you good money for .

If you wanna know what money is, I'd start with Mike Maloney's "Hidden Secrets of money" Episode #4. And then just keep learning.

Petrodollar is so freaking crazy.

Where does one learn about money?

It's a crime that high school or college doesn't have mandatory Excel classes. Everyone has to deal with numbers eventually be it, wages, taxes, mortgages or investing and anyone can learn to build a fairly complex financial model for personal or professional reasons within one freakin' semester. I just do not know why this isn't stressed enough; well, both of my daughters will be sufficient in excel regardless of the field they choose to study.

but if everyone learns about money who will become the mindless debt-slave consumer-worker?

It's no accident finance isn't taught in public schools. Wall Street owns the scholastic publishers. What a coincidence. Keeping you dumb and fleeced. Actually more high schools now have finance class. But I question the details.

Wish I understood money earlier

Money is meant to be spent not saved, that’s how the Great Depression happened because the Majority of Stocks weren’t being bought or invested

“We can force Saudi and other oil producers to sell the oil in USD”. And this guy says that you have to understand how money works…

"I hope technology can outpace the darker sides of human nature", too. Very well said. Thank you.

One advise for him… let other people talk and stop interrupting

Home Ec... home economics... every school had it.

Aeneas Blockchain (ASH coin) = NFT + POS MINING 💵💯🚀

Rulers...keeping it honest

What scares me is most Americans have no clue of history from a monetary perspective

there was WMD's in iraq

Sounds like this guy owns a lot of bitcoin🤔

Thought knowledge was worth more?

hes MIT but infj thats a strange combination so hes an engingeeer........................... but he cares about the progress and mentality of society.

oy vey

Gold is money.. easy peezy

Why so you can influence it in a meaningfully way that doesn't mean yea need to be rich just not broke ass living in the gutter poor were yea really can't influence anything unless yea want waste a few years of your life...

Lex is going Rusian?

Oi vey

Mass financial illiteracy (and mass lack of access to money) is a necessary condition for capitalism to function.

Money is a representation of debt, Fiat money is a tax credit. Has nothing to do with petrol. Oil is priced in dollars because of an agreement to price oil in dollars. Advice for young people, do not learn about money here, yeesh!

LOL paid in permissionless money that losses its value by 50% a year and has done so over and over again. Super bro. Giving a kid an unstable fake currency. What a joke.