April is Financial Literacy Month. Financial literacy is the set of skills and knowledge that allows an individual to make effective decisions and be informed with all of their financial resources. Especially right now that the world is dealing with Coronavirus which had a major impact on our financial goals and financial circumstances.
So, as a guest on my podcast, today we are with Michael Benjamin to teach us about financial literacy.
In This Podcast:
02:50 – Introducing Michael Benjamin
08:00 – Michael’s definition of financial literacy
09:10 – Securing a better financial future
12:35 – Struggles with budgeting
16:45 – Strategies to save for families
22:25 – How to talk to your teens in terms of financial tactics
28:00 – Financial suggestions for working teens and teen entrepreneurs
32:10 – How should college students save?
37:20 – Student loans
41:00 – Can a student really borrow a loan?
49:45 – Parents teaching their children about money
53:00 – Credit cards
60:00 – Michael’s tips for families in terms of finances
To get the resources mentioned in the podcast, connect with Michael Benjamin on IG @michobenjamin
Website:https://michaelobenjamin.com
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