FLY

With special guest:
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Jai Hobbs
… in conversation with Bill Kable
Covid 19 is just one more hurdle for our young people coming out of school. They already have to face up to serious competition to progress in a chosen career. If they can get through University they face a HECS debt and what about the housing market.
Our guest today Jai Hobbs decided to do something practical to help the young people get on top of all that. With his wife Marlies, Jai has written a manual called FLY which stands for financially literate youth. This is what he is striving for.
Unfortunately financial literacy is not taught at school and surveys have shown that the level of financial literacy in our youth is appallingly low. So first of all we ask Jai what does he mean by the term financial literacy, what are the essentials?
Jai tells us that financial literacy is a skill and like other skills it can be learned. It can be learned from a very young age when kids of say 9 or 10 can become good money managers and then they retain that skill for the rest of their lives.