243. The real cost of not knowing money
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概要
Financial literacy is not just about knowing money terms. It can shape your safety, security, and future, especially for women.
In this episode of Get Rich Slow Club, Ana speaks with commercial litigation lawyer Julia Bell about what she sees when financial literacy is missing. Julia explains what commercial litigation involves and shares how a lack of financial literacy and understanding around things like high interest debt and compound interest can quickly spiral into devastating consequences.
They unpack the gender gap in financial literacy in Australia, why women over 65 are the fastest growing group experiencing homelessness, and how this gap starts early, from childhood allowances through to career breaks, part time work, and the long-term impact on super for women.
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Disclaimer
Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.
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Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guide
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