Making Money How do we really teach money skills?
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Dec 9, 2024 In this enlightening talk, Vivi Friedgut, CEO of Blackbullion, shares her insights on financial literacy, emphasizing its critical role in student success. She advocates for integrating money management into educational curriculums and discusses the challenges of teaching financial skills today. Vivi explores the impact of tuition fees on social mobility and the importance of networking. With a focus on modern student anxieties, she urges universities to equip students with practical financial tools for their futures.
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Start Small, Think Big
- Open a savings account and start saving small amounts, even just a pound.
- It's about building the habit and understanding how money grows, not just accumulating wealth.
Learned, Not Innate
- Financial literacy is a learned skill, not an innate ability. Start early and make money conversations a normal part of family life.
Electricity Isn't Free
- Damien's dad instilled financial responsibility by making him turn off lights even late at night. - This taught him early on that electricity has a cost.