Comment by vjk800
18 days ago
> What makes financial decisions hard isn’t the math.
To be fair, I've met quite a few people who also struggle with the math. To the Hacker News audience this seems unfathomable, but the very idea that you end up paying much more with the "pay only 9.99 €/month)!" deal is completely alien to many people. Or even if they understand it in principle, it never occurs to them to compare the actual numbers. Or even if they compare the actual numbers, it doesn't occur to them to add the numbers up to see how much extra they are spending on interests in total.
Many people are quite stupid when it comes to even the most basic math. Or not even math, but just thinking of or comparing numbers.
> What makes financial decisions hard isn’t the math. > Most personal finance math is basic arithmetic – the same arithmetic that most of our students currently struggle with.
These sentences are literally next to each other! The entire article can be disregarded.