Why Is There a Financial Literacy Crisis?

With all the money and resources being thrown at financial illiteracy, why isn’t the trajectory changing? Because the root causes are not being addressed.

Through our research, we identified a need for a wholistic approach centered on the drivers of financial capability – start young (financial behaviors form as early as 7 years old!), focus on experiential, hands-on learning not just knowledge acquisition, and place earning at the center of the solution because you cannot save, spend, invest, and give if you do not know how to earn.

Today, the vast majority of students graduate from high school lacking key personal finance behaviors and skills, a problem that could lead them down a path of long-term financial insecurity.

To live their best lives, young people need to know how to earn income and manage their finances because having that ability to earn, spend responsibly and invest money lies at the heart of financial security.

FLEC education focuses on areas that have a direct impact on the financial health of our nation’s youth including Financial Literacy, Entrepreneurship, and Career Education.

Financial Literacy education helps young people acquire the knowledge and behaviors they need to make informed, qualified financial decisions about their money.

Entrepreneurship and career education provides the skill sets necessary to learn how to earn an income and generate revenues both for daily life and to pursue longer-term goals. Learning to earn drives the ability to save, spend, give, and invest.

One without the other does not deliver results. 

Life Hub is the FIRST real-world experiential FLEC education technology that directly impacts young people’s ability to live better lives through outcome-based learning processes and systems.

The math is simple:

AI-powered FLEC education empowers young people to learn how to build financial security so they can live the lifestyles they desire.

If you are a public, private school or youth organization, we partner with you to bring to Life Hub to your youth so together, we can teach them how to live better lives.

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