The Challenge of Financial Illiteracy - S13E07
The Meaningful Money Personal Finance Podcast
Pete Matthew
4.9 • 1.7K Ratings
🗓️ 20 February 2019
⏱️ 27 minutes
🧾️ Download transcript
Summary
Of all the challenges facing millennials, there is one that feeds into all the others combined, and that is financial illiteracy. MeaningfulMoney was set up to address this because understanding overcomes inertia; with knowledge comes power. Today I want to talk about what I think should be done to address financial illiteracy, and to share a bunch of resources that I know you will find useful.
Transcript
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| 0:00.0 | Hi folks and welcome to the Meaningful Money Podcast season 13 episode 7. This is the podcast dedicated to helping you put your finances in order. |
| 0:18.0 | My name is Pete Matthew and I'm going to share with you everything you need to know and everything you need to do to secure your financial future. |
| 0:25.4 | I'm here to help you make sense of money. |
| 0:27.6 | Here we are once again great to have you with me now of all the challenges facing |
| 0:38.2 | millennials there is one that really feeds into all the others combined and that is financial illiteracy. |
| 0:45.2 | Meaningful money was set up to address this because understanding overcomes |
| 0:50.3 | inertia, right and with knowledge comes power and so over comes |
| 0:53.8 | power. And so today I want to talk about what I think needs to be done. A little bit about addressing financial |
| 0:59.0 | illiteracy here in the UK, share a bunch of resources that I know you're going to find useful wherever you are in the world. |
| 1:05.0 | So that's what we're looking at today. |
| 1:06.2 | So looking forward to that. |
| 1:07.2 | Remember, you know, after the show I'll be looking at a review that's been left, |
| 1:12.3 | talking about what's coming up next time, and a couple of announcements, so stay tuned for all that at the, after the main body of the show. |
| 1:19.0 | But before that, remember this podcast has brought to you with the help of my friends at 7 Investment Management. |
| 1:24.4 | They've been helping me out here since the spring of 2011 and I could not have got where I am today, |
| 1:29.1 | 100,000 downloads a month without their help. They have made it possible for me to reach the number of people |
| 1:35.5 | that I have. So I'm super grateful to them for allowing me to do this and for all their help in getting me here. |
| 1:42.0 | So please do check out what they're up to |
| 1:43.2 | there at 7.I.m. dot code at UK that's the number 7 I.m. dot code at UK. |
| 1:48.3 | Thanks guys go check them out right most of us leave school with no formal financial education at all if we're lucky |
| 1:57.4 | We might have sat through some PSHE lessons with a very well-meaning teacher trying to teach us what a PR is while trying to maintain |
| 2:04.7 | control of a disinterested class. |
... |
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