Get Diversifused Episode #17: Wealth Beyond Dollars: Personal Finance Through a DEI Lens

Summary:
In this episode, Andrea Horton-Mericli, found of ‪@Diversifuse‬, interviews Matt Paradise, a renowned financial educator and author, about personal finance through a DEI lens. Matt shares his personal journey of overcoming addiction and finding hope for the future. They discuss the importance of financial inclusion and the systemic barriers that exist, such as redlining and discriminatory lending practices. They also highlight the need for diversity and inclusion in all aspects of life, including education and healthcare. Matt emphasizes the power of self-assessment and self-love in achieving personal and financial success. In this conversation, Matt Paradise and Andrea Horton-Mericli discuss the concept of whole health wealth, which emphasizes the interconnectedness of financial well-being with mental, social, environmental, and other domains of health. They explore strategies for promoting financial inclusion and capability, addressing systemic disparities, and advocating for equity in financial education. Matt shares his personal journey of overcoming adversity and highlights the importance of resilience, faith, and community support. The conversation concludes with key takeaways and next steps for listeners, including evaluating their own financial situation, advocating for inclusive financial policies, and connecting with organizations that promote financial empowerment and economic justice.
Takeaways:
1) Financial inclusion is about access and opportunity that is fair and equitable.
2) Systemic barriers, such as redlining and discriminatory lending practices, create inequitable opportunities and outcomes for people based on race.
3) Diversity and inclusion are essential for a thriving economy and society.
4) Self-assessment and self-love are crucial for personal and financial success.
5) Opportunities for growth and change present themselves all the time, and it's important to be aware and brave enough to seize them. Whole health wealth emphasizes the interconnectedness of financial well-being with other domains of health.
6) Strategies for promoting financial inclusion and capability include ensuring access and opportunity, addressing systemic disparities, and advocating for equity in financial education.
7) Resilience, faith, and community support are important factors in overcoming adversity and achieving financial well-being.
8) Listeners can evaluate their own financial situation, seek out resources on financial literacy and capability, advocate for inclusive financial policies, engage in conversations about systemic inequalities, and connect with organizations that promote financial empowerment and economic justice.
Chapters:
00:00 Introduction and Guest Speaker Introduction
02:02 Matt's Personal Journey and Overcoming Addiction
08:51 The Importance of Financial Inclusion
24:54 The Power of Diversity and Cultural Competence
32:07 Holistic Finance Beyond Budgeting and Credit
42:30 Whole Health Wealth: The Interconnectedness of Financial Well-being
43:27 Promoting Financial Inclusion and Capability: Addressing Systemic Disparities
48:45 Overcoming Adversity: Resilience, Faith, and Community Support
54:26 Financial Literacy for Economic Justice: Dismantling Systemic Barriers
Unlocking Potential:
Matt shares practical tips and actionable strategies to help listeners unlock their financial potential. By addressing the systemic barriers and leveraging inclusive financial practices, individuals and organizations can foster financial empowerment and long-term success.
Why Tune In?
This episode is a must-listen for anyone interested in understanding the profound impact of diversity, equity, and inclusion on personal finance. Whether you are a financial professional, an advocate for economic justice, or someone seeking to improve your financial well-being, this discussion provides valuable knowledge and practical advice to help you on your journey.
Matt Paradise's Contact Information:
1) LinkedIn: / matt-paradise
2) Website: www.mattparadise.com/
3) Facebook: / matt.paradise.9
4) Financially Capable by Matt Paradise - Available on Amazon and other book sellers.
Music from #Uppbeat (free for Creators!):
uppbeat.io/t/cruen/in-the-now
License code: HGKTOZTLLQWFKIMZ
#GetDiversifused #PersonalFinance #DEI #EconomicJustice #FinancialInclusion #Podcast #Inclusion #DiversityMatters #WealthBeyondDollars