I was wondering, why do we compare grades/ points/ position when we're in school, but not our Financial Statements when we're adults?
Imagine going through our school days without knowing how we stand against everyone. I believe it'll greatly reduce our chance to get good grades/ to get scholarship or get to University.
If that is so, then shouldn't comparing Financial statements be encouraged so that it'll improve our chance for Retirement? Afterall, more than 85% of the people don't have enough to retire by the time they reach retirement age.
Just some food for thought. Comments/ Reply appreciated.
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2 comments:
in school, the environment is limited and the result is determined by a small group of people - a control environment.
in real life, rules are open and subject to interpretation. different times may result different interpretation to be more correct in that particular time. as a result, it is 'harder' to just compare 'grades' in cross companies financial statements.
I personally think in school we do compare whose stationaries example pencil cases or mechanical pencils or whose rubber carries the Princess look to see whose items comparatively more "canggih" or whose results better just to show off.
In adult life , we will also compare but not financial statement , as adults also compare more "canggih" toys like handphones, cars , houses and intentionally forgets their bank balances just to also sometimes to show off.
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