You got problems that you either can serve with, you don't know how you're supposed to earn it or what to do with it or how to keep it.

You're a freak with a dark shameful secret, but you're not the only one.

Teach your hidden financial fears with a blast of sun.

Now your healing has begun. It's bad with money with Gabby.

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Hi, I'm Gabby Dunn and this is Bad with Money.

A show about finances and feelings where we don't talk down to you and we give advice for people who are not in the 1%

Turns out there's more of us than there are of them.

Who knew?

Today we're going to be talking about financial literacy.

A broad term and one I've thrown around a lot both on this show and in my book Bad with Money.

It's very easy to lament that we don't have enough financial literacy for young people and really for anyone in the United States.

In an August 2021 article in the New York Times, reporter Anne Carnes breaks down all the new money apps that are specifically targeted towards young people.

Kids even.

She says these apps offer slick educational videos and tools while enabling children and teenagers to save and spend and even invest in stocks.

The apps pair with plastic debit cards designed with kids and teens in mind.

Which seems good right? Oh my gosh, we're getting, you know, to kids where they're at on their phones at a young age.

Carnes also writes they've caught the attention of researchers and financial advisors who say the tools may help engage and enlighten young users.

Even as they worry that the apps without close parental involvement may encourage bad financial behavior.

So as we've said, you can teach this stuff in school but you kind of need to learn it at home.

Now does teaching financial literacy in schools actually do anything?

Again, like a lot of our guests on this show have pushed this idea even I have suggested that money be taught in schools.

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