'Lived Experience is a superpower' to end Financial Exclusion
Updated: Aug 16, 2023
Being financially excluded means that you find it difficult, or impossible, to access products and services like...
🏧 A bank account
💳 affordable credit (possibly pushing you towards inaffordable or illegal lenders)
⚠️ pensions, mortgages, savings products or insurance.
Services that are vital for modern life, and for building a future.
But a shocking 1 in 3 adults in the UK are 'financially vulnerable', and financial exclusion is a big part of that picture. Diverse Ethnic Communities are at much greater risk.
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Money A+E CEO Jerry During MBE joined this month's Debt Talk podcast to discuss.
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There is hope.
🗣️ We believe that financial products can reach a wider and more diverse audience when their design is informed by lived experience.
Acting on what people from diverse and excluded backgrounds have to say is a clear route to engage underserved communities.
As Jerry says, 'lived experience is a superpower'.
At Money A+E we co-created the Racial Justice Network to bring together those lived experience leaders with the finance sector, with public, private & VSCE sectors, to address financial exclusion together.
Our amazing partners Rooted Finance, Fair4All Finance, ClearView Research, Citizens UK are getting started, with many more in the pipeline.
✍️ Listen to the podcast or drop us a line to find out more - including how your organisation could get involved.
Thank you Debt Talk podcast for having us!
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