'Lived Experience is a superpower' to end Financial Exclusion
- MoneyAE
- Aug 14, 2023
- 1 min read
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.
--------------------------------
Money A+E CEO Jerry During MBE joined this month's Debt Talk podcast to discuss.
--------------------------------
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!
Managing waste efficiently became more important as our operations expanded and the volume increased. We wanted a solution that would not require constant manual adjustments. After checking the commercial waste resource, we gained a better overview of how services can be tailored to specific requirements. The platform explains key details in a clear format, which made the decision-making process much easier. As a result, we were able to streamline operations and maintain consistency without extra effort.