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Ian Guider: Michael McGrath’s financial literacy plan should include teaching basics in school

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Ireland's first strategy to educate the nation is on the way – and it's just as well, given the tragic consequences of our lack of understanding of tracker mortgages. ✍️ ianguider

There is an infamous television ad that has gone down in history. It is a byword for a different era, an allegory of hubris and stupidity.

If you weren’t around in 2007 when it was screened, you’ve certainly viewed or heard about it since. It is the one when a random man on a bus stands up and spontaneously says he doesn’t know what a tracker mortgage is.

 

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Ian Guider: Michael McGrath’s financial literacy plan should include teaching basics in schoolThe country’s first strategy to educate the nation is on the way, which is just as well given the tragic consequences of our lack of understanding of tracker mortgages
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