Financial Capability and Economic Resilience: What Global Youth Need Now

by Brandie Conforti, Global Chief Development Officer at JA Worldwide, and
Alison Coates, Global Head of Future Skills at HSBC

For most people, life and circumstances have changed dramatically since early 2020. As the COVID-19 epidemic worsened, schools and businesses closed and those of us not on the front lines hunkered down, unsure when we’d be back to any sense of normality. We wondered what the “new normal” would be like for our families, our relationships, our careers and our finances.

Through it all we are having to learn new ways to be financially resilient. What steps can I take to help prepare for financial shocks? And, perhaps more importantly, how do we help young people — the generation that will likely be most impacted by the financial aspect of the current crisis — build their financial capability and economic resilience in the face of a potentially long-term downturn?

Read more via Good Company, JA’s thought-leadership magazine.