National Financial Literacy Month is alive and well and during this episode, Paul Lawrence Vann interviews Vince Shorb, Founder/CEO of the National Financial Educators Council (NFEC). During this episode listeners discover insight on the importance of being financially literate, enjoy.
The National Financial Education Council is dedicated to combating the financial illiteracy epidemic. Vince Shorb's mission is to create a world where people are informed to make qualified financial decisions and confidently take effective financial action that best helps them meet their basic human needs while moving toward fulfilling their personal, family, and global community goals.
Vince Shorb shared his backstory and personal financial journey and the lessons he learned along the way, it is very compelling.
You are going to learn why people make financial decisions that don’t align with their long-term goals, Vince shares wisdom on this.
Paul asked Vince why parents and people in communities should teach financial literacy lessons to kids, and what should they be taught.
There is a multiplicity of life challenges taking place today, Vince provides expertise as to why some people are struggling with the pandemic, the inflationary cycle we're in, and also the war in Ukraine. He provides answers as to how people can mitigate these new challenges.
Unfortunately, only a few states teach personal finance in public schools, Vince advocates for financial literacy in more states and schools.
Listeners discover the common financial problems people are facing today, Vince provides insight into some of the problems people are facing.
Listeners receive suggestions as to who people can turn to for financial guidance if they don’t have money to invest, Vince provides insight on this.
Vince Shorb provides a definition of what financial literacy really means. That is not all, Vince delivers expertise about the specific knowledge about money everyone should have.
In closing, Vince empowers listeners to join him in advocating for financial literacy, including teaching the younger children financial literacy as early in their life as possible, thus the sooner the better.
Discover more about Vince Shorb and the National Financial Educators Council at: https://bit.ly/3Ku0mKx