Aug 29 2023 18 mins
In this podcast conversation, Richard Milroy discusses financial education and its importance with Kendall Flutey, the founder of Banqer, a financial education platform aimed at teaching kids about money. The goal of Banqer is to equip the next generation with the skills and knowledge they need to make informed financial decisions. They believe in starting early with financial education to build positive behaviors and patterns.
Banqer provides software for schools, both primary and secondary, in New Zealand and Australia. Their platform creates a gamified and experiential environment for students to learn about money management, budgeting, investing, and other financial skills. They focus on improving financial literacy, building financial capability, and boosting financial confidence among students. By preparing young people for their financial future, Banqer aims to bridge the gap in financial knowledge and empower them to make better financial decisions as adults.
Kendall Flutey, the founder of Banqer, shares her background and insights about financial education. She discusses the challenges of navigating financial conversations and behaviors, particularly among marginalized communities, women, and indigenous populations. The conversation touches on the psychology of money, societal expectations, and the impact of colonization on financial knowledge. Kendall also emphasizes the importance of discussing money openly, teaching children about financial concepts, and encouraging them to develop healthy financial habits from an early age.
The discussion concludes with Richard expressing his interest in bringing Kendall to speak at a conference and acknowledging the significance of Banqer's mission in preparing the next generation for their financial future. Brought to you by Netwealth.