We all know the importance of financial literacy, but facing financial problems is commonplace. According to studies, money is the top cause of stress. In today’s episode, Gene and Jeff discuss how financial education is impactful for today and future generations.
Mr. Natali is the CEO of Troutwood, a financial technology company. At Troutwood, Gene builds financial planning and investment education tools for individuals.
Mr. Davidek creates software tools and games to help people better understand money, make good financial decisions, and avoid major mistakes. He also co-manages Troutwood. Previously, Jeff worked in institutional asset management, i-banking, and at a REIT.
[00:00 - 14:12] Financial Literacy for the Young through Technology
[14:13 - 37:26] The Journey to Changing the Trajectory of Financial Empowerment
[37:27 - 39:55] Closing Segment
Connect with Gene and Jeff!
Website: https://www.troutwood.com/
Quotes:
"Action has to follow education when it comes to our finances… Young people have hope. Pair hope with a plan, and they are going to see brighter and better futures. I believe [there will be] happier homes, healthier communities, less drug use, and less financial stress. Financial stress, statistically, is the number one source of stress both at home and in the workplace." - Gene Natali
"When people are struggling with financial stress, it's difficult to think about those things that could really help them excel." - Jeff Davidek
“Financial literacy, education, in theory, is intended to lead to financial empowerment. If we achieve financial empowerment within our classrooms, I believe innovation will occur, which [will be] very good for the communities [and] very good economically. That can only happen if people have an understanding of their basic finances.” - Jeff Davidek
