What would you recommend regarding your first credit card?”, which I’m gonna take, is taking one out or choosing or getting one in the first place. The book contains what some people might consider pretty heavy subject matter for children, like the origins of currency, what banks are, the tax system. Do you think some of this will go over the heads of seven-year-olds? Which country around the world do you think will reap the most rewards and be the biggest beneficiary? This article is part of a series of pieces written for the new FT Flic charity which will develop educational programmes to boost the financial literacy of those most in need.

Digital apps commonly feature interactive quizzes, modules and games to make learning about money engaging and fun — perfect for an audience glued to their smartphones. If young people can build this capability digitally, the chances are they’ll be better prepared for future financial challenges that life may throw at them. This is an audio transcript of the Money Clinic podcast episode: ‘Understanding economics — why it matters for your money’ Also, if I really did want something, it would probably be something along the lines of musical instruments. All of this has got me thinking about financial literacy and the role that digital literacy plays within this.Well, Deborah, the FT’s motto is: without fear, without favour. But I will confess to feeling slightly scared sitting across the table from a dragon. (Laughter) I saved up week by week for a dollar called a Sasha doll, which is now worth a huge amount of money. TV and radio money-agony-aunt Claer Barrett is the voice of reason in the cost of living crisis, teaching us what we need to know about money, in an accessible way that anyone can understand. Yeah. Nobody’s talking about giving help to renters. But a related question, so you said you’re a freelancer. So there’s an awful lot of discrimination, frankly, in the financial system against freelancers, people who don’t have a regular wage. But there’s more and more people who are working as freelancers or in the gig economy as a way of dressing it up. Tell us your thoughts about that. Do you have any practical tips about how people can pay more attention to where our investments are going and the kind of businesses they’re funding and the kind of attitude our banks might take to all of this?

I think it shows me that they know themselves. They know what their business needs and they know which parts of that they can provide and which bits they can’t. That’s really important. We had loads of questions from webinar viewers on everything from how to handle debts, to what financial advice young people should be getting. So let’s dive straight into the recording. A question the viewer put to you, Claer: why did you write your book? OK, so quality shares were the winner. Bit of a gulf between numbers two, three and four. But the next one was dividends. Thanks to Cardinal Wiseman Catholic School, Cardinal Vaughan Memorial School and Nationwide Building Society.Now, I think one of the biggest challenges for consumers when it comes to being greener, I say this as the de facto consumer editor, is that it often costs much more for us to make the greener choice. Well, I’d like to think that they did have vision, you know, so they weren’t just businesses of the moment and that they’ve been able to move with the times because consumers are changing faster than ever. The way it’s delivered and the language that’s spoken to consumers and the ethics behind businesses has changed and is changing fast. And I’d like to think that those businesses that I’m working with are keeping ahead of that. It’s not just that they do what they do and they’re gonna carry on doing that forever and a day. You know, they’ve all evolved. What are the tried and trusted investment strategies that have rewarded investors handsomely over the years? And could they still pay off in the future? Well, if you’re fond of a tipple as I am, (laughter) then you may well know. Some of you may not think Smirnoff is one of the more famous ones.