[PODCAST]: Debt Talk: The cost of financial exclusion

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Podcast Link: Debt Talk

Summary

This discussion centers on financial exclusion, with a panel of experts sharing insights into the complex interplay between poverty, systemic injustices, mental health, and the role of financial institutions. The panelists emphasized the importance of seeking help, collaboration, and advocacy in addressing the challenges of financial exclusion. They also highlighted the need to redefine the concept of financial inclusion and to empower communities to build collective power for systemic change.

Key Points and Ideas

Financial exclusion is closely linked to poverty, health issues, and housing problems.Mental health and debts are interconnected, and over 60% of those facing financial exclusion have underlying health conditions.Ethnicity premium mirrors the poverty premium, revealing disparities in access to financial services.Collaborative efforts among public, private, and volunta...

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