Members of the Personal Finance Community are bringing financial literacy to the masses in unconventional ways. This week, we highlighted some of the people making a difference in the way people learn about important financial topics.
The panel included: Marsha Barnes- Founder of The Finance Bar, Jason Vitug- Founder of Phroogal, Rod Griffin- Director of Public Education at Experian, and Mike Delgado- Social Media Community Manager at Experian.
This deck features tips from: @LeslieHTayneEsq, @Phroogal, @lenda, @shermanwealth, @care4yourfuture, @savingfreak, @CompareCards, @Kasasa, @WealthwithMina, @moneytalk1, @gina_constantino, @dahartattack, and @suddenlyfrugal.
4. Financial literacy means you
know where your money is coming
from, where it’s going, and why it’s
going there.
#CreditChat
Wednesdays | 3 p.m. ET
Leslie H. Tayne, Esq
@LeslieHTayneEsq
5. To be financially literate means
you control your money, not the
other way around.
#CreditChat
Wednesdays | 3 p.m. ET
Phroogal
@Phroogal
6. For the majority of the population,
financial literacy means being confident
with the fundamentals of personal
money management.
#CreditChat
Wednesdays | 3 p.m. ET
Lenda
@lenda
8. Financially literate people take
control of their cash flow.
#CreditChat
Wednesdays | 3 p.m. ET
Brad Sherman
@shermanwealth
9. Financially literate people develop
a budget. A solid budget is one
that includes all sources of income,
living expenses, debt obligations,
and savings.
#CreditChat
Wednesdays | 3 p.m. ET
CARE
@care4yourfuture
10. Financially literate people are
constantly putting money into savings.
That includes emergency fund and
long-term investments.
#CreditChat
Wednesdays | 3 p.m. ET
Paul Moyer
@SavingFreak
12. Budgeting apps like Mint and
others are a great way to see your
budget and to stay financially
literate on the go.
#CreditChat
Wednesdays | 3 p.m. ET
CARE
@care4yourfuture
13. Download your bank’s mobile app -
and use it! Check account balances,
purchases, deposits checks, etc.
#CreditChat
Wednesdays | 3 p.m. ET
Compare Cards
@CompareCards
14. Keep curious and find someone to
help you on your path - be that an
advisor or a staff member at your
bank or credit union.
#CreditChat
Wednesdays | 3 p.m. ET
Kasasa
@Kasasa
15. I subscribe to a ton of newsletters
from various companies. I get a
quick read in between tasks.
#CreditChat
Wednesdays | 3 p.m. ET
Mina Ennin Black
@WealthWithMina
16. You can create a curated social media
stream of blogs, articles, and news from
financial journalists and thought leaders
on your phone.
#CreditChat
Wednesdays | 3 p.m. ET
Brad Sherman
@shermanwealth
17. #CreditChat
Wednesdays | 3 p.m. ET
How can we inspire people in the community
to take proactive steps toward achieving
financial literacy?
18. Lead by example. If someone asks
how I afford something, I’ll drop
some knowledge on them.
#CreditChat
Wednesdays | 3 p.m. ET
Phroogal
@Phroogal
19. To inspire people to improve
their finances, tell powerful stories
and stress that small steps make a
big difference.
#CreditChat
Wednesdays | 3 p.m. ET
Dr. Barbara O’Neill
@moneytalk1
20. Personal testimonies from the
community are great ways to get
people to take that first step toward
financial literacy.
#CreditChat
Wednesdays | 3 p.m. ET
CARE
@care4yourfuture
21. Community is a powerful thing.
When people feel welcomed and
inspired to take action, they spread that
message with others.
#CreditChat
Wednesdays | 3 p.m. ET
Gina Constantino
@gina_constantino
23. Check your local banks and credit
unions. Don’t be afraid to be honest
about your questions.
#CreditChat
Wednesdays | 3 p.m. ET
Kasasa
@Kasasa
24. Dive in and get comfortable with
your current situation. Read, learn,
ask questions, and get a plan.
#CreditChat
Wednesdays | 3 p.m. ET
Kasasa
@dahartattack
25. Get your head out of the sand.
Accept your financial reality and
work from there. Tough love?
#CreditChat
Wednesdays | 3 p.m. ET
Leah Ingram
@suddenlyfrugal
26. Ask lots of questions. There is no
such thing as a dumb question. It’s
your money. You deserve to know.
#CreditChat
Wednesdays | 3 p.m. ET
Mina Ennin Black
@WealthWithMina
27. Feel free to reach out to myself or
any of the other awesome finance
literacy crusaders in the chat.
#CreditChat
Wednesdays | 3 p.m. ET
Leslie H. Tayne, Esq
@LeslieHTayneEsq