Are You Financially Literate? What You Need to Know About Money with Vince Shorb

We throw around words like financial literacy, but what does it really mean? If you’re like me, you didn’t grow up learning about money in school and what your parents taught you; I guess you still had many questions when you got to the big, bad, real world. So you were left to figure out how to money on your own, stumbling through paying off debt, saving, and investing money. But is money really that complicated after all? Our guest, Vince Shorb, founder of the National Financial Educators Council, says that the biggest misconception about money is that it’s complicated. If we at least learn the basics, we’ll do pretty well. In this episode, Vince is sharing what it means to be financially literate (and don’t worry if you’re still learning about money, we all are) and why it’s so important that you teach your kids about money from an early age so we can all collectively change financial literacy for future generations. Links National Financial Educators Council Thank you for being a part of our community! We couldn't do it without you. To support the show, please subscribe or share the word about this show in your circles. Sign up for our newsletter or follow me on Instagram to keep up with everything happening in the world of Everyone’s Talkin’ Money. You can download 10 Money Questions to Ask Yourself Free Money Guide https://etmpod.link/10moneyq and leave a 5-star Review here https://ratethispodcast.com/etm. Timestamps (00:10) Financial Literacy's Impact on Emotional Health (08:17) Teaching Kids About Money Importance (19:10) Parental Beliefs and Money Conversations (26:11) Unveiling the Basics of Financial Literacy (37:22) Vince and the Financial Education Council SPONSORS Thanks to NerdWallet for sponsoring the show. Don’t wait to make smart financial decisions. Compare and find smarter credit cards, savings accounts, and more today at www.nerdwallet.com. Thanks to Monarch for sponsoring the show. ​​After trying out Monarch for myself, I understand why it’s the top-rated personal finance app. Listeners of this show will get an extended thirty-day free trial when you go to www.monarchmoney.com/ETM.  Thanks to Uncommon Goods for sponsoring the show. Get 15% off your next gift by going to www.uncommongoods.com/ETM.  Thanks to EarnIn for sponsoring the show. Just download the EarnIn app in Google Play of the Apple App store and use code Talkin Money under Podcast. Thanks to Noom for sponsoring the show. Start taking control of your weight management and join the millions who have lost weight with Noom. Sign up for your TRIAL today at www.noom.com.   Thanks to ButcherBox for sponsoring the show. Sign up today at www.butcherbox.com/etm and use code ETM to get $20 off your first order. Learn more about your ad choices. Visit megaphone.fm/adchoices