S4 Ep12: Why A Fintech Company Is Going Back To Basics In The Classroom

How come they teach math and sex-ed at school but not money?CJ MacDonald is CEO and Founder of Step, the next generation financial services company helping teens and young adults achieve financial independence and knowledge at an earlier age. Nicole and CJ discuss why getting into schools at the earliest age creates the building blocks to financial stability, how savings bonds led to an aha moment, and how it all starts with a bank account.Follow CJ:LinkedIn: https://www.linkedin.com/in/cjmacdonald/Twitter: https://twitter.com/CJMacDonaldAnd if you love listening to Humans of Fintech, please leave me a 5-star review on Rate My Podcast: https://ratethispodcast.com/humansoffintechThank you so much!You can keep up-to-date with everything Humans of Fintech at https://workweek.com/brand/wtfintech/And if you’ve enjoyed Humans of Fintech why not try: Chicks of FinTwit, Tech Unlocked, Breaking Banks or Fintech InsiderTeaching Kids Financial SkillsMoney management is a vital life skill that every individual should possess, yet many people lack it. Financial literacy should be taught in schools to prepare children for financial independence and empower them to make informed financial decisions. Financial education can equip children with the knowledge and skills necessary to budget, save, invest, and avoid debt. In this blog, we will discuss why it is essential to teach children about money and the benefits of financial education. Financial Education Creates Responsible Adults Financial Education Helps Children Develop Critical Thinking Skills Financial Education Teaches Children About Saving and Investing Financial Education Helps Children Avoid Debt In conclusion, financial education is essential for children to become responsible adults who can manage their finances effectively. By teaching children about money management, we can equip them with the knowledge and skills necessary to budget, save, invest, and avoid debt. Financial education can help children develop critical thinking skills and make informed financial decisions. It can also teach them about the importance of saving and investing and how to avoid debt. Therefore, it is imperative to introduce financial education into the school curriculum to prepare children for financial independence and empower them to make informed financial decisions.