No longer updating

It's a shame, but I'm no longer updating this website. Busy setting up new ventures.

I'll leave it up for anyone who's interested.

Thanks to all regular readers, and all the best for the future.

Cheers, PJ

Youth money thoughts

Anyone can learn about money.

Anyone can help anyone else learn.

Making mistakes doesn't mean you're hopeless.

Managing money is a lot about relationships & understanding other people.

Good financial education is not about turning people into more savvy consumers.

Good financial education starts with young people's interests and builds on their strengths.

Knowing social norms

Depending on their background and life experiences, many young people struggle to fully appreciate what kinds of behaviour are the norm for their peer group. A lack of stability and absence of role models can create confusion and uncertainty. Even knowing what the social norm is—what other young people of similar age and background are doing—can be a challenge.

Of course, knowing social norms may not have a positive influence. The effect on young people of discovering that many in the same age group have debts, for instance, could be to encourage them to think of indebtedness as natural and of little concern. The technique can be powerful. But it needs to be used positively.