She was the shy one in her family, failed to shine in exams, and much to the dismay of her parents, quit her accountancy career to move to Australia and become a yoga instructor. Today, Abi Foster is not only a qualified accountant, but one of the UK’s leading finance content creators, author, presenter and founder of a business, Elent, taking financial education directly into schools across the country, teaching young people the money lessons most of us were never given.

In this episode of Money and Us, Anna sits down with Abi for a candid and compelling conversation about the next generation, what they’re really worried about, and what we can all do to set them up differently.

Youth unemployment in London is running at 26%. Young people are being priced out of the housing market before they’ve even started. Financial anxiety is already affecting their mental health. And yet money is still barely spoken about in schools, at home, or anywhere it actually matters.

From the words we use about money at home, to home ownership, success and what wealth really looks like for a generation navigating a completely different world, this is the conversation that every parent, and every young person, needs to hear.

Key Moments:
• Youth unemployment in London is running at 26%, and Abi believes it’s only going to rise
• Why the average millionaire is 55, and why young people have a dangerously distorted view of wealth
• How the words we use about money at home shape our children’s financial beliefs for life
• Why owning a house is no longer the success metric it once was, and what that means for the next generation
• The four things every new parent should do for their child’s financial future
• Why abundance, not scarcity, is the mindset Abi most wants to give young people
• What Abi really thinks about financial education on the school curriculum
• What wealth means to Abi, and why her answer is about freedom, not things

Chapters:
00:00 Introduction & shocking facts about Gen Z and money
01:17 The financial literacy crisis facing young people
03:50 Abi Foster's childhood and entrepreneurial upbringing
08:10 Why she became an accountant
13:54 Leaving corporate life to teach financial literacy
17:42 Why money still isn't taught properly in schools
21:00 What students really want to learn about money
25:54 The biggest financial challenges facing Gen Z
28:50 How money affects children's mental health
31:54 The money beliefs parents accidentally pass on
34:16 Building an abundance mindset in children
37:04 Why owning a house isn't the only definition of success
42:08 Investing, pensions & building wealth beyond property
44:50 Should you save for the future or enjoy your 20s?
50:12 Is it ever too late to change careers?
58:19 Why the education system needs to change
01:06:20 Raising financially confident children
01:12:00 Abi's book, practical money advice & final thoughts

Follow Abi Foster:
Instagram - https://www.instagram.com/abigailrosefoster/
LinkedIn - https://abifoster.com/contact
Website - https://abifoster.com

Buy The Money Manual - https://amzn.eu/d/04QALTRj

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LinkedIn - https://www.linkedin.com/in/annajoybrading/
Website - https://www.mentoramoney.com

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