Personal finance expert and award-winning author Robin Taub joins us on the program today. As financial literacy month continues in November, Robin highlights a variety of topics including dealing with debt, adjusting spending habits and financial technology. She says our society has gone almost cashless due to fintech and AI changing our spending habits and how we view money and saving and spending. That along with economic changes of high interest rates and increased debt has changed our environment. An environment favorable for savers, and challenging for spenders. Robin highlights the five pillars of financial health: earn, save, spend, share, invest. Educating our younger and older generations about financial wellness can be beneficial. She suggests initiating conversations with older clients about adopting fintech, perhaps involving the younger generations in explaining tech solutions and adapting to fintech advancements and staying vigilant against scams.

Recorded November 9, 2023.

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