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Giving Compass' Take:
• Life Hub is ready to launch its technology platform that will revolutionize financial literacy and entrepreneurship education for young students.
• How can donors help fund more programs that teach financial literacy and personal savings to young people? What are the benefits?
• Learn more about the importance of financial literacy.
After spending three years and over 10,000 hours researching and studying reports by the private and public sectors on financial and entrepreneurship education, the team at Life Hub is ready to launch what it believes a revolutionary step in childhood education and financial literacy.
The research they conducted overwhelmingly points to a societal issue, Financial Illiteracy. At the root of this problem is experience, education and knowledge. The solution, surprising to many, is not taught in a classroom, but rather experiential learning on a daily basis, utilizing real monetary assets, starting as early as age 3.
The team believes it’s their patented technology platform, Life Hub. The platform incorporates a comprehensive suite of software modules that touch many aspects of life management including banking, investing, shopping, chores, entrepreneurship, and business.
Children ages 3-14 learn how to transact their lives responsibly via Life Hub’s Eco-system of modules. Life Hub is a home-based integrated hardware and software system that keeps family members connected and engaged to manage vital aspects of everyday life.
The eco-system encourages family participation and helps parents expose and teach their children about financial management without feeling they need to be the expert.
Read the full article about Life Hub by Grant Trahant at Causeartist.