Are Baby Boomers Financially Out Of Touch?

Are baby boomers out of touch? One reader seems to think so.

The following comment was left on my post, “Rich Dad, Poor Dad, Bad Math?”

Photo by T.Young, courtesy of flickr

Tisa Silver, my guess is that you never read to the end of any financial books. Your probably to ignorant to listen to anyone’s opinions except your own.

 My other guess is your probably an out of touch baby boomer who’s financial time has come and gone, & the market has moved on without you even being aware.

Because of ignorant boomers like yourself (that’s my guess :). Young internet entrepreneur of our generation are becoming Billionaire in 2 years.

When you middle class guys are going broke & it took you & your financial uneducated generation 30 years to reach 1 lousy billion.

Baby boomers are preaching out dated rules, when the game changed on them 10 years ago. haha

This post left me wondering a few things, but primarily, it left me wondering why the “out of touch” label was solely reserved for baby boomers?

I am not a boomer. Even if I was one, I would never attempt to speak for them. I think too many people make the mistake of applying the traits observed within a sample to the entire population. 

Anyway, every generation has some folk who are financially out of touch. Baby boomer insults aside, I think this comment speaks to the overall need for financial education.

For those who are “out of touch,” how do we bridge the education gap?

Many kids learn about money from watching their parents or television, and sometimes both provide bad examples. Should finance be a part of curriculum in school? If so, at what level and how in-depth should the money talk become?

Loads of questions here, but I would like to hear some ideas on equipping people of all generations to know more about money.

BTW – Suze Orman is a baby boomer!