The sad truth is that 2 out of 3 adults cannot pass a financial literacy test. We think that since you'll be dealing with financial transactions for your whole adult life, it's probably a good idea to start learning about money early on. In this podcast we explain why.

The sad truth is that 2 out of 3 adults cannot pass a financial literacy test. We think that since you’ll be dealing with financial transactions for your whole adult life, it's probably a good idea to start learning about money early on. In this podcast we explain why.

In this episode:

14 is the age you should start learning about money [1:00]
Money doesn’t buy happiness, but money problems can cause a lot of stress [2:00]
A lot of stress about money is because people don’t understand money [5:00]
If you don’t have a reason to not spend your money on a whim, then you will [6:30]
Most people don’t want to talk about money because they don’t trust their decisions [8:00]
Why it’s important to understand your own needs and habits around money [12:30]
2 of 3 adults cannot pass a financial literacy test [15:00]
Since you’ll be dealing with financial transactions your whole life, you might want to become educated around money [19:00]
Why it’s a good idea to have kids start work at 14 [20:30]
The tale of two twin sisters with two different financial outcomes [22:30]
You can decide you want to pay 20% more for everything or you can get a discount [28:00]
Companies will try to sell you and addict you to anything [30:00]
The art of minimalism and how it serves in identifying the important things in life [35:00]
The one question you need to ask to determine a truly good deal [41:30]
Travel credit card hacks [51:00]
Homework for this week on money [55:00]
Resources: