The key to financial education is engagement. Participants learn best when they can apply information to real-life situations that provide understanding and feedback.
That’s especially true in a digital environment that competes with social media and gaming.
This episode of the CUNA News podcast, sponsored by Zogo, features Bolun Li, the company’s founder and CEO.
Zogo is a financial literacy app that pays users to learn. Li founded Zogo from his dorm room at Duke University in 2018 after virtually sleeping through a boring lecture on financial wellness.
In this interview, Li describes how credit unions can partner with Zogo to provide a better financial education option to members, especially the younger generation. The app has more than 700 modules that cover a range of topics, and each takes just a couple minutes to complete.
As Li says, Zogo turns fear of financial literacy into fun, which creates opportunities for both credit unions and their members.
Credit Union Magazine’s Summer 2023 issue highlights the lending outlook for the rest of the year, how credit unions leverage fintech companies to boost digital lending, the power of lending partnerships, common Bank Secrecy Act violations, and the shift board members must make when becoming chair.
