Are You Financially Literate? What You Need to Know About Money with Vince Shorb

We throw around words like financial literacy, but what does it really mean? If you’re like me, you didn’t grow up learning about money in school and what your parents taught you; I guess you still had many questions when you got to the big, bad, real world. So you were left to figure out how to money on your own, stumbling through paying off debt, saving, and investing money. But is money really that complicated after all? Our guest, Vince Shorb, founder of the National Financial Educators Council, says that the biggest misconception about money is that it’s complicated. If we at least learn the basics, we’ll do pretty well. In this episode, Vince is sharing what it means to be financially literate (and don’t worry if you’re still learning about money, we all are) and why it’s so important that you teach your kids about money from an early age so we can all collectively change financial literacy for future generations.

Links

National Financial Educators Council

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Timestamps

(00:10) Financial Literacy's Impact on Emotional Health

(08:17) Teaching Kids About Money Importance

(19:10) Parental Beliefs and Money Conversations

(26:11) Unveiling the Basics of Financial Literacy

(37:22) Vince and the Financial Education Council

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