Managing my financial journey
Managing my financial journey

Start this free course now. Just create an account and sign in. Enrol and complete the course for a free statement of participation or digital badge if available.

Free course

Managing my financial journey

4.3.9 True Potential LLP

This course along with Managing My Money [Tip: hold Ctrl and click a link to open it in a new tab. (Hide tip)]  and Managing My Investments has been made possible by the financial support provided to The Open University Business School by True Potential LLP.

As you move towards the end of Managing my financial journey, David Harrison, senior managing partner of True Potential LLP, talks about his reasons for supporting personal finance education and his hopes for what the courses will help to achieve.

Download this video clip.Video player: ou_futurelearn_managing_my_journey_vid_1132.mp4
Skip transcript

Transcript

MARTIN UPTON
David, this course is the third of three which have been produced by the True Potential Centre at The Open University. Why are you such a champion of personal finance education?
DAVID HARRISON
When we first thought about this Martin I get mystified and frustrated with financial services. My business is about understanding what financial advice would work for me, what's the best deal for them by chopping down the cost to them and I'm hoping that they chop down and actually they do charge less in the market than others so I'm quite - I'm proud of that. The idea of championing the thing is, if you were I think a thinking financial adviser, if your client has got almost as much knowledge as you and asks you questions it becomes quite a good interview. If you've got to, you know, start at the beginning and almost be patronising et cetera, et cetera they don't understand it.
And I think it's common sense, if you don't understand something don't invest in it. Just don't do it. You know if you don't understand it why put your money there? And I think this is that most sensible people if they don't understand it, if they haven't got an adviser, it helps them at least once you know.
My dad taught me to ride a bike. Remember running down the back streets holding on to the thing and I'm talking away to him and he wasn't there. And then I fell off. But because he wasn't there, he was about a hundred yards back, I could ride a bike. You need somebody to start you off. Maybe you don't. Maybe you don't need somebody to start you off but that's, through the championing of something that encourages people to take a mild interest. I mean the courses that you've put together they're quite challenging. I was talking to one of our fund managers. He's a top guy. He's probably world class. You know he's certainly paid world class money to run some of our money for us. He said "it's actually quite tricky. That Open University stuff's quite tricky. But up to now I've got a hundred per cent of it." Well I hope so you know. I'd hope you'd have a hundred per cent. They're quite challenging courses. And if people just take the time - you don't need to be it's like training to be fit or whatever don't - it's not an all-day thing. It's something if it piques your interest then you've done your job and I've done my job.
MARTIN UPTON
Thanks very much David.
DAVID HARRISON
Thank you Martin. Thank you very much.
End transcript
 
Interactive feature not available in single page view (see it in standard view).
OUFL_27

Take your learning further

Making the decision to study can be a big step, which is why you'll want a trusted University. The Open University has 50 years’ experience delivering flexible learning and 170,000 students are studying with us right now. Take a look at all Open University courses.

If you are new to University-level study, we offer two introductory routes to our qualifications. You could either choose to start with an Access module, or a module which allows you to count your previous learning towards an Open University qualification. Read our guide on Where to take your learning next for more information.

Not ready for formal University study? Then browse over 1000 free courses on OpenLearn and sign up to our newsletter to hear about new free courses as they are released.

Every year, thousands of students decide to study with The Open University. With over 120 qualifications, we’ve got the right course for you.

Request an Open University prospectus371