Understanding money and building better financial habits with Claer Barrett Artwork

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Business Live: for curious entrepreneurs and social entrepreneurs

Understanding money and building better financial habits with Claer Barrett

March 31, 2023 • Jamie Veitch • Season 11 • Episode 4

For a long time Claer Barrett vowed never to write a book about money. Now the award-winning financial journalist and broadcaster, who frequently answers the public's money questions on ITV's Lorraine, LBC radio and the Financial Times' Money Clinic podcast, has published 'What They Don't Teach You about Money.'

It's a brilliant read – like having a chat with a friendly expert who wants to help you avoid pitfalls without confusing or judging you; Claer is honest about her own financial mistakes, clear and helpful.

Barrett is the FT's consumer editor and a trustee of FT-backed charity, FLIC (Financial Literacy and Inclusion Campaign). She joins me in this episode to discuss why she's written the book, some of the biggest emotional reactions to money, what we can all do to build better financial habits, what business leaders and social entrepreneurs can do to support employees during the cost of living crisis, her passion for financial education and literacy, the phenomenon of 'FOBSAG' (fear of being seen as greedy) and lots more.

It's a comprehensive conversation and a call for more openness, better communication and less embarrassment and shame when it comes to discussing our finances.

Also in the show: events and funding opportunities for businesses and social enterprises.

Timings:

0 - 40:23 interview with Claer Barrett. Get Claer's book from Amazon here https://www.amazon.co.uk/What-They-Teach-About-Money/dp/152914633X and Penguin here and find her on Instagram at https://www.instagram.com/claerb and Twitter at https://twitter.com/claerb
40:23 Events including Sheffield Business School's Intercultural Innovation Programme for SMEs, a two-day introduction to social enterprise workshop, and Business Sheffield events
44:11 Funding opportunities including Future Economy Investor Partnerships SME round one (
46:33 Wrapping up

This is episode 382 of Business Live, broadcast on FM and DAB radio and online on Sheffield Live! and available as a podcast. Thanks to Sheffield Live for putting us out on the airwaves and thank-you for listening.