While it is true that our mistakes are a great source of learning, it is also true that they can be a very expensive source of learning. This is particularly true when it comes to credit, where human nature and compound interest mean that many of us first learn about the true mechanics of credit when collections are on the phone and our debts have ballooned. Luckily, Latreace Sankey-Wells, with help from the team at Experian, is making sure that the students at Fisk University are better equipped than that.
In this episode, we chat about the importance and impact of consumer education, especially for young consumers.
Our discussion was inspired by Latreace's OpEd for American Banker, which you can read here: https://www.americanbanker.com/opinion/banks-need-to-be-more-proactive-in-promoting-youth-financial-literacy
Rod's broader work can be followed, most easily, over here https://www.experian.com/blogs/news/about/creditchat/
You can find Latreace on LinkedIn at https://www.linkedin.com/in/latreacewells/
Rod is on LinkedIn at https://www.linkedin.com/in/rodgriffin1/
And I'm there, too, at https://www.linkedin.com/in/brendanlegrange/
You can support the show by buying one of my guests via the affiliate links on my site (it doesn't cost you anything extra): https://www.howtolendmoneytostrangers.show/recommended-reads
Commercial partners include (when you click one of these affiliate links, I earn a small commission but you won't pay a cent more)
ProtonVPN Browse privately with a community-owned secure VPN that safeguards your privacy. https://go.getproton.me/aff_c?offer_id=26&aff_id=12767
Ogma Risk & Analytics: Customized risk management and analytic consulting for you https://www.ogmara.com/?utm_source=HTLMTS&utm_medium=banner&utm_campaign=OGMA+intro&utm_id=2501
Friends of the show include: https://www.ontap.co.za/pages/hoedspruit-store-details (for all your Hoedspruit-based bathroom needs), https://www.joinhumoni.com, https://www.haboomoney.com/, and https://beetlesense.ai
And since you like podcasts, I'm also co-create hAIghtened senses with Christo van Zyl, in which looks at the intersection between human senses and technology
Keep well, Brendan
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