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Currently Playing: Is the System Designed to Keep You Poor?

Why aren’t we taught about money — and who benefits from keeping it that way? Abigail Foster wants to fix the UK’s financial literacy problem. A trained accountant, she’s built a massive Instagram following (@abigailrosefoster) and taught over 50,000 schoolchildren through her company Elent. She’s now written a book, The Money Manual — but despite working with institutions like HMRC and the Treasury, she’s frustrated by how little has actually changed. Be one of the first people to test our new financial guidance AI: https://getmost.co.uk/chat 🤝 Improve your finances with our adviser service - book free consultation: https://makingmoney.email/financial-advisors-video 🎉 Sponsors TaxZap - Do your personal tax return/self-assessment: https://makingmoney.email/taxzap Vanta - Get your company secure and compliant: ⁠https://vanta.com/makingmoney - If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life. Chapters: 00:00 - Is the system outdated? 07:44 - Do those in power care? 14:44 - Vanta ad 15:57 - Who decides what we need to know about money? 22:57 - What we should be teaching kids 32:18 - TaxZap 33:26 - What should a 6 year old know about money? 42:30 - Have you ever been made to feel bad about money? 56:48 - Why you need to check your payslip