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To decrease wealth inequality, one passionate financial adviser argues why financial education needs different content, from different voices, delivered through different channels.
Financial education and financial literacy are at crisis levels in this country. Financial advisers spend billions on advertising but a fraction of that on education. The resources that are available tend to be inaccessible and not designed for the people who need them most. Financial media remains a boring, exclusionary acronym game.
The net result of all of this is a population of Americans who don’t have the mental tools to understand, make sense of and make good decisions around their finances.
In this passionate conversation with NLW, financial adviser Tyrone Ross argues that all hope is not lost. According to Tyrone:
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