It's Time to Address the Financial Literacy Crisis!

17/01/2024 19 min Episodio 47
It's Time to Address the Financial Literacy Crisis!

Listen "It's Time to Address the Financial Literacy Crisis!"

Episode Synopsis

To be financially successful at any age, it’s important to be financially literate and know how to navigate foundational concepts and ideas about money. The earlier we can instill that knowledge in our kids, the better off they potentially could be. On this episode of Your Money & A Cup of Joe, we’re examining how parents and grandparents can help their heirs, and maybe even themselves, become more financially literate.Chapters:0:00 - Introduction and overview on the topic of the day1:28 - Where we stand in terms of understanding core financial concepts2:23 - The state of financial literacy in the United States3:34 - What's causing these low levels of financial literacy4:26 - What parents can be doing to boost financial literacy among younger generations5:19 - What children should be focusing on to build financial literacy levels8:13 - Some next-level financial concepts to focus on11:31 - How parents can make these topics and conversations more engaging for kids15:10 - We all could stand to boost our own financial literacy16:30 - How to get in touch with Joe and his team17:41 - Closing remarksConnect with Joe Calao:WebsiteLinkedIn