Making Money Is the system designed to keep you poor?
25 snips
Oct 13, 2025 In this discussion, Abigail Foster, a trained accountant and founder of Elent, dives into the pressing financial literacy issues in the UK. She critiques how the education system, rooted in industrial-age practices, fails to prepare students for the modern financial world. Abigail shares insights on the lack of institutional action despite collaboration with major entities like HMRC. She argues that social media may be a more effective tool for financial education than traditional classrooms. Plus, she highlights the importance of early childhood discussions about money.
AI Snips
Chapters
Books
Transcript
Episode notes
Power Protects The Status Quo
- Abigail Foster believes many powerful actors benefit from the next generation being financially and politically uneducated.
- She argues this status quo reduces political engagement and keeps people trapped in debt cycles.
Don't Let Teacher Bias Drive Advice
- Check your own biases before teaching finance because teachers' lived experience shapes students' decisions.
- Encourage tailored conversations: what suits a London pupil differs from one in the north of England.
Viral Interview Was About Trainers
- Abigail described the viral moment interviewing Rishi Sunak where viewers focused on his Adidas trainers, not policy questions.
- The clip showed how presentation can drown serious messages online.
