What prompted you to become a Financial Academy Ambassador?
I have children in this target age group, and I’ve had many conversations with their friends, especially the ones now getting their first jobs and buying their first cars. Financial literacy is not something that is currently taught at all schools, and for many it’s a learned skill based upon the people who influence their lives. Sadly, too often, in our roles we see young people who make poor decisions because they simply don’t know that there could be a better way of managing their finances.
Why is financial literacy important to you?
In my 20+ years in the banking industry I have seen many customers who have unfortunately found themselves in a situation of compounding debt and not knowing how to get themselves out of it. If they’d have had access to a program like this at an early age, they may have been able to make better, more informed decisions.
What have you enjoyed most about delivering the program?
The lessons have been designed to be really interactive with the kids so that you’re not just standing in front of them reading off a PowerPoint. There are activities and plenty of opportunities for them to actively get involved in the lesson.
What was your financial literacy ‘ah-ha’ moment?
Early on in my career, especially when I started lending seeing customers “maxing” themselves out and trying to refinance and consolidate to reduce their debt. I’ve always taken the time to talk with my customers and using various tools and calculators, to show them little ways that they could make big changes to their financial wellbeing.