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Practice makes perfect

To get comfortable with something scary we have to practice in a safe place.

Photo of Dana Ilmari Polojärvi
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As I've been reading over the posts already  here, I see fear, trust, security and other issues starting to loom large as barriers. 

To help people start to get comfortable with the process of becoming financially secure and aware, we'll need to create a space in which they can start to re-envision the scary prospect as safe.

I wonder how we do that.

When you first learn to ski, you go to the bunny slope and you practice with the other kids who are just learning. They you go to the green slopes, and then the blue, and then, finally you hit the blacks (and maybe even the double blacks where the experts go). 

I love the idea of making personal finance safe and guided in that way. 

Can we develop an app or other software that helps people to have that bunny slope where they can go and just practice and learn to feel safe.

Then maybe we find a way to group the investment process into green slopes and blues and blacks so people can see a clear path that feels safe and guided, so that, eventually, when they really want to, they can go out into the back country, all by themselves, and really play with confidence.

Ideally we give them a community of other learners as well, so they don't have to practice alone.

What is a provocation or insight that might inspire others during this challenge?

hierarchies in skillsets with clear markers of progress help people feel safe.

Tell us about your work experience:

I teach systems and design thinking at the Maine Maritime Academy.

Specifically, please check all that apply:

  • I'm not currently involved in a credit union, but am curious to learn more!


Join the conversation:

Photo of Kate Rushton

Hi Dana! Thank you for your post! I really like the idea of people practicing with their finances at beginner, intermediate then advanced level. It reminds me of the recommendation that people try ‘paper trading’ before investing in stocks and shares.
Have you read these posts? Sai Yeluru Qyana Jené  They might be able to spark some ideas for implementation.

Photo of Dana Ilmari Polojärvi

Thanks Kate, I'll check out the other posts you mentioned.

Have a great day!


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