Understanding basic finance has never been more important
The economic fallout of the Covid-19 pandemic has forced millions into unemployment and financial insecurity. Meanwhile a bewildering array of financial products, self-determined retirement plans and a few unscrupulous companies are leaving the financially less literate vulnerable to exploitation and debt.
This is why the FT has chosen to establish its first ever charity, the Financial Literacy and Inclusion Campaign (FT FLIC).
Financial literacy has been proven to increase social mobility and improve financial behaviour for individuals and communities.
It’s our aim to democratise financial education by providing free and engaging content to those who need it most: young people, women, and disenfranchised groups including minority ethnic communities and migrants.