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Showing posts from April, 2017

Reading List, April 2017

Adam Carroll, When money isn’t real: The $10,000 experiment, in TEDxLondonBusinessSchool, 9 July 2015. [Online]: https://youtu.be/_VB39Jo8mAQAdam Carroll presents an interesting point – we have abstracted away money through the use of a number of instruments, such as credit and debit cards, NFC payment systems on our phones, and in-app purchases, when we don’t realise how much we are actually spending. Carroll spends some time showing how his kids, aged 7–11 played monopoly differently when they were playing with real money. He goes on to lay his premise, that financial literacy must be taught to children at a young age, when they should be allowed to fail and learn from their failures at a small scale, not at the hundreds of thousands of dollars when they are in student loan debt and just out of college.Carroll’s talk hit a lot of notes with my own experiences with money, and I’m sure that it would resonate with your experiences as well.Brett Scott, If plastic replaces cash, much tha…