Financial Education is the magic bullet! Credit unions need to offer more financial education!
As a financial educator, I hear it all the time. But I don't agree. Financial education is NOT the solution. Sure, it's part of the solution, but it's really just the start. Credit unions need to move beyond education and help members change their behavior.
A wise person once said, "What good is a world-class brain surgeon if they lie out on the beach all day?" The surgeon has knowledge and experience but does nothing with it. That isn't power – putting that knowledge into action is power.
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