E3: Financial Literacy and Overcoming Hesitance [ Show Notes]
In recent years, we've had hundreds of conversations about money in person and online, with people around the world. These exchanges have helped us to deeply understand the thought process, fears and underlying motivations people face along their financial education journey. One of the most frequent patterns we see is that people have a tendency to commit to learning about money, but don't actually take action. Rather, they allow fear or hesitation to settle in under the belief that they need to learn more to minimize the risk of something going horribly wrong.
We understand that feeling, so in this episode, we dove into the subject to help listeners navigate their fears and hopefully take the next steps towards improving their financial lives. If you've ever suffered from financial paralysis analysis, this one is for you.
In this episode we discuss
- US Financial Literacy Data: Most Americans Think They Know More About Money Than They Do
- Pew Research Center: For Most Americans, Wages Haven't Budged in Decades
Are you looking for a community of like-minded people who are just as passionate about personal development as you are? Then look no further than the Success Achievers Community. And guess what? It's free to join! Click here to connect with thousands of others around the world.
Check out Julien and Kiersten as they chatted with NBCLX about What the recent GameStop mania tells us about financial literacy in the US
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Looking for some book recommendations to further your financial education? Check out our amazon storefront for some of our favorites!
Personal Capital is one of our favorite free apps to use for tracking spending, net worth and investment performance. One of the best perks of the tool is it has a fee analyzer built into it that shows you in seconds how much of your portfolio may be lost to fees. Click below to try it for yourself.
Money on The Table Season 1, Episode 1