Financial education

We finished our second webinar today and like last time, I had a lot of fun doing it. There’s a lot to improve on and we’ve learned a lot in the last few weeks, but we’ll take it.

The best part about hosting one of these webinars or educational sessions is the feedback we get afterwards. I admit that sometimes living and breathing stock options every day does create a bit of a fatigue. Hearing from a few attendees that they learned a lot has meant a lot to me and validates my work.

At Secfi, we help people achieve their dreams and goals by helping them get the most out of their equity. A lot of what we do is simply just education in regards to their options and how they work. We’re in the business of financial education.

I love learning about companies in the financial education space for the simple fact that the American school system has failed us in providing us with the most basic financial education.

Kids turning 18 can start getting credit cards and ruining their credit scores without know what it means. Adults do not know the basics of filing their taxes and why it matters. The majority of Americans do not a savings. Not everyone needs to be a financial expert, but every American has the right to have basic financial knowledge.

We have seen a new age of finance that have democratized investing to everyone with apps like Robinhood. Challenger banks such as Chime have provided a new age of banking for the under served.

People now have access — the next step is creating better behavior through education. I expect to see some major names start to emerge in this space in the next few years. My prediction is that an app that can “gamify” financial education will start to spread among the younger generation.

When I grew up, we had Pokemon cards and sneakers to show off to our friends. The younger generation live on games like Fortnite and show off in-game purchases. The new cool will be trophies and awards in apps.

The gamification of education, specifically financial education will be a trend that’s going to be fun to watch over the next few years. I hope for the day that my kid is excited to show me his reward for learning compound interest.