Rebuilding Our Financial Literacy with Bolun Li of Zogo

One of the most unhealthy relationships people have today is with their personal finances. The majority of problems stem from a lack of education and understanding around how money works and how its managed. That's exactly what our guest Bolun Li, founder of Zogo Finance has set out to do. Creating a platform that encourages people of all ages to improve their financial literacy through gamification. Check out the newest The Real Venture Podcast episodes directly to you - subscribe here. And, if you’re enjoying The Real Venture Podcast, please give us a 5-Star rating on Itunes!Check out Boluni & Zogo Finance here : Zogo.com Why do we lack financial literacy?I think the majority of people can relate to the struggle that comes with being on your own for the first time. This stems from a variety of different factors, including a lack of education in our school systems. Personal finance is seldom taught, leading to the majority of young professionals experiencing a baptism by fire when they enter the real world.Why do banks struggle to connect with their customers?Banks are one of the oldest businesses in our world. Overtime they have experienced digital transformations but have failed to transform the way they connect with their customers. Times have changed, and the way banks connect with the younger generation is leading to a divide. Something needs to change if local banks want to build a foundation with Gen ZThe power of gamification and technology as an educational medium.Education tech is having a moment in the sun, it is one of the most attractive investment opportunities today. There are so many niches within in, allowing for multiple players. In today’s hyper competitive world, gamification is a great way to keep people involved in the platform. This is exactly what Zogo is zoning in on.KEYWORDS SUMMARYbanks, big, people, blockchain, financial institution, paid, users, nerd wallet, customers, app, luke, entrepreneurial journey, investing, robin hood, learn, listeners, understand, wrapping, gift cards, institutionsWant to be featured in an episode? Drop a comment below, or share your questions, feedback, and whatever else using #therealventure​​ and TAG US @therealventure_ on Instagram. The Real Venture PodcastThe Real Venture Website | The Real Venture Instagram | The Real Venture LinkedIn | The Real Venture YouTube | Peyton Truitt - Linkedin | Peyton Truitt - Instagram | Luke Truitt - LinkedIn