Episode 8: How to Put Your Financial Fitness to the Test

VyCast Episode 8: How to Put Your Financial Fitness to The Test

Featured Guest

Michael Rathjen

VyStar's VP of High School Programs, Michael Rathjen, has led the Academy of Business High School Program for a decade. Early in his career he was nominated as the “Next Top Credit Union Executive” by VyStar and has also been recognized as an “Outstanding Business Individual of the Year” for Florida’s No. 1-rated school district.

Michael serves on multiple boards, including the Clay County Economic Development Corporation and is the State Delegate of Florida for the Credit Union Financial Education Network. His team has provided financial education training to 130,000+ students through VyStar’s program, which was No. 1 in the nation (per asset size) and received the Desjardins Youth Financial Education Award from the Credit Union National Association in February 2020.

Highlights

  • Financial fitness plays a crucial role in achieving financial goals and overcoming stress related to money.

  • Money has a direct impact on various aspects of life, and the comparison trap can add pressure to financial well-being.

  • Financial education should start at a young age, creating awareness and empowering individuals to make better choices.

  • VyStar's High School Branch Program aims to provide financial education and practical experience in managing a credit union.

  • It is important to make informed decisions regarding college loans and managing debt.

  • VyStar offers various tools and resources, including a Financial Fitness Quiz, to educate and assist individuals in areas such as spending, saving, and getting out of debt.

  • Financial counseling, retirement planning, and specialized services for the military community are available through VyStar.

  • It is important to have personal financial plan. Distinguishing between needs and wants, and being mindful of spending habits are essential steps for financial fitness.

  • Open communication and transparency about financial matters can help individuals gain confidence in their financial well-being.

Download the audio version of this episode on Buzzsprout.

The content provided in this podcast consists of the opinions and ideas of the creators alone and should be used for informational purposes only. The opinions expressed should not be considered legal, financial, or tax advice, and are not meant to replace such advice. VyStar Credit Union is not responsible for any losses, damages, or liabilities that may arise from decisions you make based on the information provided. The opinions expressed in this podcast are those of the guest and not VyStar Credit Union or its management.