Here are Sammy Rabbit's best outside reads of the week and what we liked about them!
PANDEMIC AMPLIFIES MESSAGE OF FINANCIAL LITERACY MONTH
Pandemic Amplifies Message of Financial Literacy Month
Think Advisor by Aimee DeCamillo
This alerts everyone, we WANT to view this crisis as an opportunity - an opportunity to deliver financial education on healthy financial HABITS right now, while the iron is hot! Right now - while people's hearts and minds may be uniquely open to listening and learning.
Here is a short excerpt I find on point.
"When families begin talking openly about money, it breaks the unfortunate cycle of financial talk being taboo at home and opens the door to generational change in support of good money behaviors — and research shows that what we learn about money as kids becomes what we think is normal as adults — good or bad."
BILL GATES - THE FIRST MODERN PANDEMIC
The first modern pandemic - Innovation versus the coronavirus
from The Blog of Bill Gates
Gates outlines his view of what it is we NEED to accomplish in order to neutralize the disease.
There are lots of financial literacy lessons educators and trainers can take advantage of to deposit knowledge into the hearts and minds of kids and teens. This article illustrates one - Exponential Growth - or what many of us refer to when it comes to personal finance as "Compound Growth" or "Compound Interest."
HOW THINGS ARE, IN A FEW SHORT WORDS
How things are, in a few short words from George Mason University Economics Professor Tyler Cowen and his Marginal Revolution Blog.
Cowen provides a candid, succinct assessment of where he thinks we are in this new era of Covid- 19 and the corona virus disease.
THE 7 BEST PREPAID DEBIT CARDS
This week I had a short communication with Mastercard Vice President of Community Relations, Mercedes Eggleton-Garcia. She shared some thinking with me that both resonated and peaked my curiosity: (1) Prepaid Debit Cards are Better than Cash and (2) Social distancing and other preventative measures have impacted the way consume and handle daily financial transactions! In today's virtual, online world, her guidance seems extraordinarily timely. So, I did some research and here are a few good articles I discovered on the subject.
- The 7 Best Prepaid Debit Cards of 2019 from GoBankingRates.com by Cynthia Bowman
- The 7 Best Prepaid Debit Cards from The Balance by Latoya Irby.
- 5 Reasons Why Credit Cards Are Better than Cash from Brad's Deals by Mark Jackson.
- 6 Best Prepaid Debit Cards from Nerd Wallet by Spencer Tierney
- Prepaid Debit Cards: The Pros and Cons from The Krazy Coupon Lady
FYI 1. On its site, Mastercard offers a short tutorial on How Prepaid Cards Work!
Remember, Sammy Says ...Leaders are readers. Always be learning. Compound your knowledge and skills. Compare, contrast and ask questions - that is what critical thinkers and smart consumers do. Make saving a habit. Give wisely. Have a plan. Take action on it. All steps and small steps make a difference in reaching our dreams and goals!
Have a Sammyriffic week!
Sam and Sammy Rabbit
FYI 2. Are you a reader? Email us your favorite read of the week. If we use it, we will credit you and send you some free Sammy Rabbit swag!