1 min read

Are College Students Getting the Financial Literacy they Need? (w/ Podcast!)

If you're like me, the amount of great new music should excite you.

From Taylor Swift's Midnights to Arctic Monkey's The Car (my personal favorite), we find ourselves in an era of long-await, lived-up-to-the-hype music.

And you should check out The Car if you haven't already 🎵 

Adding to the release of Midnights and The Car was also The 1975's Being Funny in a Foreign Language, which happens to touch on today's post from a lyric from one of their tracks:

🎵
"Whimsical, political, liberal, with young people as collateral." 

Don't worry; it's not the whimsical, political, or liberal stuff I'm talking about, and it's the financial word of the day: The Collateral.

Pause. Collateral? What's that? Imagine you suddenly cannot pay your mortgage. The bank which owns it would then take your house to make up to recoup the losses. Wait, so how an entire generation of young people be collateral, and for what? The track also goes on to say:

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"I'm sorry if you're living and you're 17." 

Thankfully, Matty's (lead singer of the band) cryptic lyricism can be understood if we look at it from a financial perspective. In this podcast, I discuss:

  • Are college students getting the financial literacy education they need? 🎓
  • The three elements of successful financial literacy that Governments and Institutions aren't considering. 💵
  • How financial literacy can be the solution for the next generation and what it means for college students. 💡

Check out the song I referred to here. ☝️
And be sure to check out the car! 

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