Ted Gonder - Financial Education is Key (Spent: Looking For Change Premiere)

Ted Gonder from Moneythink discusses his partnership with American Express to discuss the youth financial mentor-ship program they've brought to teenagers in Clarkesdale. Many young people fall into financial spirals that can be prevented with proper education, which is why equipping young people with the right knowledge to make good decisions.

Watch the documentary here:

Turning to pawn shops, check cashing services, and using payday loans to meet basic financial needs can be costly for many of us, with $89 billion a year going to fees and interest* for using these types of alternative financial services.

It's time for change. New technology, new ideas and encouraging dialogue around this issue can help make managing money simple and more affordable.

American Express is presenting this documentary to help improve financial inclusion in the United States. Academy Award®-winning filmmaker Davis Guggenheim is the executive producer of the documentary which is narrated by Tyler Perry and directed by Derek Doneen.

*Source: CFSI, November 2013 Market Sizing Report