Financial Literacy: Lessons from the Osage Nation

Hey there Finance Enthusiasts,

I recently delved into a piece of history that hit me hard, not just for its stark reality but for the profound lessons it holds about financial literacy. It's about the Osage Nation, a story brought to light by the film "Killers of the Flower Moon." This tale isn’t just a recount of the past; it’s a stark reminder of how crucial it is to manage our finances or risk being taken advantage of.

The Osage Nation, once the wealthiest people per capita from oil on their land, fell victim to a calculated scheme rooted in greed and deceit. Congress’s guardianship program in 1921, meant to help the Osage manage their wealth, instead became a tool for exploitation. Individuals deemed “incompetent” based on their Osage blood were assigned guardians who controlled their finances, often swindling them out of their rightful earnings.

This guardianship didn’t just fail to protect; it painted targets on the backs of the Osage. The result was a series of sinister plots by those looking to get rich quick, leading to the tragic deaths of many Osage people for financial gain. At the heart of it was a so-called “King of the Osage Hills,” William Hale, who masterminded the murder of Mollie Burkhart’s family to seize control over their oil wealth.

The Heart of the Matter

Beyond the chilling details, this narrative underscores a critical truth: financial literacy isn’t just about growing wealth; it’s a fundamental shield against exploitation. The Osage story teaches us that understanding and managing our finances is crucial. Without this knowledge, we open ourselves to vulnerabilities, perhaps not as extreme as the Osage experienced, but dangerous nonetheless.

In today’s world, where the economy is a rollercoaster and financial opportunities are ripe for the taking, knowing how to manage, grow, and protect our finances is invaluable. It’s why at FinLend Academy, we emphasize not just the opportunity in commercial loan brokering to make money but also the profound importance of financial literacy so that you can keep what you make.

Our program isn’t just about teaching you to broker loans; it’s about equipping you with the knowledge to navigate the financial world confidently, ensuring you’re never at a disadvantage.

So, let’s take this lesson to heart. Let’s not just aim to make more money but commit to becoming stewards of our financial future, ensuring we’re never easily deceived or taken advantage of.

Stay safe, stay informed, and let’s keep learning together.

Best, Keith