Summary
In this episode,I discuss financial literacy with Jennifer Inman, the Executive Director of the Kentucky Financial Empowerment Commission (KFEC), and her team, Ajla Ortash and Richard Bryant. They emphasize the importance of understanding personal finance and making sound financial decisions. The team shares their financial journeys and highlights the need to teach financial literacy in a personal and relatable way. They also discuss the various programs offered by KFEC, such as the Bank On Initiative and financial literacy workshops for different communities. The episode concludes with a call to action to celebrate Financial Literacy Month and engage with KFEC's resources and seminars.
Takeaways
Financial literacy is about understanding personal finance and making sound financial decisions.
Teaching financial literacy should focus on the personal aspect and take away the shame associated with money.
KFEC offers various programs, including the Bank On Initiative and financial literacy workshops for different communities.
Budgeting, understanding long-term goals, and tracking expenses are essential for financial stability.
April is Financial Literacy Month, and KFEC encourages everyone to engage with their resources and workshops.
Chapters
00:00 Introduction and Financial Literacy
01:26 Introduction of Kentucky Financial Empowerment Commission
05:48 Understanding Financial Literacy
10:25 Overcoming Anxiety and Making Financial Decisions
11:50 Teaching Personal Aspect of Personal Finance
15:03 Going Against Financial Advice
19:25 Bank On Initiative
21:44 Financial Literacy for Refugees
28:51 Thrifty Thursdays and Financial Tips
Listen on Apple Podcast
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