"It's just been a great experience in bridging that knowledge gap that I had, in learning that I can take control of my own financial situation and be empowered." - Sophia, LearnLux member
Meet Sophia, a LearnLux member who grew up with in a household where talking about money was taboo.
For HR and Benefits leaders, Sophia's story highlights the benefits of engaging with the LearnLux program. Sophia participated in the annual April 30-Day Challenge. She utilizes the Budgeting tool and self-paced financial education lessons. Now, she’s committed to building an emergency fund while planning for retirement. Sophia appreciates LearnLux, describing it as an essential resource she was eager to embrace.
Join us in celebrating Sophia's achievements!
LearnLux has been such a helpful tool for improving my confidence in my financial knowledge.
Growing up, my family didn't have conversations about money. It just wasn't something we talked about. So, I picked up on the examples of my parents and the people around me to navigate and determine my own financial model. And that was to work hard, save my money, and spend my money wisely. So that's what I did.
I would babysit, and I would save all of my babysitting money. I was just aggressively saving up until now. At this point, I have graduated college, I have a full-time corporate job, and I was still just aggressively saving money, not taking advantage of my 401k plan, not investing, all these were things that I knew were options.
I'd heard people talk about them I didn't have enough knowledge to understand that they were things I could do -- anybody could do -- so I participated in LearnLux's April 30-Day Challenge and I found it super helpful. It was a great gateway transition, you can call it, into taking control of my own personal finances.
It's embarrassing that I wasn't taking the proper steps to plan for my future financially. I was not looking towards the future. I was sort of just like, "oh, well, if I save, I'll be fine." And I've learned that there are better strategies than that. That's great. But there are more things you can be doing.
The content in the challenge was super engaging. It was helpful. There were fun visuals. There were incentives to participate. So it was a great time, I really enjoyed that, and since then I've continued to use LearnLux's budgeting tools [and] some of the informational videos when I have questions.
Overall, it's just been a great experience in bridging that knowledge gap that I had, in learning that I can take control of my own financial situation and be empowered, check my bank statements, and do all these things that I should be doing.
Thank you to Sophia for sharing her story!