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
Follow us on social media!
- Click here to follow us on Instagram
- Click here to subscribe to our YouTube channel
- Click here to visit and like our facebook page
- Click here to follow us on Twitter
- Click here to visit our Pinterest board
- Click here to follow rich & REGULAR on Linkedin
Acorns is an easy to use app that rounds up the charges you make on your credit/debit cards and automatically invests the amount into affordable, low-fee mutual funds. It's the simplest and quickest way for anyone to get started with investing today.
Acorns makes simple automated investing simple by investing your "spare change" on your behalf. With Acorns, every charge you make to a connected account is rounded up to the nearest dollar. This way, with each swipe, you're making an automated "mini" contribution to your retirement.
By far, it's the easiest way to automate your saving and investing. Try it today!
Looking for some book recommendations to further your financial education? Check out our amazon storefront for some of our favorites!
If you've seen Money on the Table and thought where'd they get that pan? What kind of knife is that? Or where do I get these glorious bath towels Kiersten loves so much? Well, look no further than our Amazon storefront. We've organized all of our recommended books, kitchen/ household, and more in one place for you to browse through.
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.
Hands down, Personal Capital is our favorite financial app. This is what we use to track our spending, calculate our net worth, and monitor the cost of our investments. The app is completely free to use and if you choose to invest with them, they have a team of licensed fiduciary advisors who can help you manage your portfolio.
Money on The Table Season 1, Episode 1