Subject: File No. S7-08-18
From: MT Bowling

June 1, 2018

My biggest concern is that this guide is even required, or perceived to be required.

I have an on-going concern that our educational system in this country is failing our citizens when it comes to financial matters.  If they are struggling with the concepts in this guide, imagine how difficult their struggles are with risk versus reward, and providing the proper basis for their investment choices.

In addition, if the information I have seen is correct, approximately 50% of the population has never saved enough to get to the point where this would ever be a concern.

So, my recommendation is that some good educational material is available to our youth, at least by (in) high school, providing a basis for understanding the benefits of saving and investing, as well as how credit can harm as well as provide benefits. 

MT Bowling

See also: Attachment