Who is a financially literate person?

Sometimes, when faced with financial difficulties, people begin to believe in pyramid schemes, hoping for easy profits. More often than not, however, this belief leads to debt that is difficult to escape. In this podcast episode, guest Yuriy Lee shares his views on why financial pyramid schemes remain popular and why people often ignore obvious warning signs of fraud. The discussion covers the psychology of dependency, recognising and managing emotions, as well as the influence of the Kazakh language on thinking patterns and the development of positive habits. Special attention is given to the role of education and the language environment in improving financial literacy. The podcast also features polyglot, linguistic researcher and creator of his own teaching method Vladislav Ten, together with his students Nikolay and Yuriy, who share their perspectives on the importance of the Kazakh language and the reasons why people become victims of financial pyramid schemes.