American Finances on the Rise? – Episode 202
Summary:
In this episode, best selling author Kim Butler and No B.S. Money Guy Todd Strobel debate statistics that were published by FINRA. These stats claim that Americans are improving financially, but is this really true?
Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at welcome@prosperitythinkers.com and we may answer it in an upcoming episode.
Links in this Episode:
Submit your questions: welcome@prosperitythinkers.com
Show Notes:
00:00 Intro
00:41 Report issued by FINRA.org
01:17 Intro to the article
02:46 Kim: “Everything’s ok as long as everything’s ok”
03:22 Digital wealth goes through cycles
04:00 You get paid what you’re worth. If you want to get paid more, provide more value.
04:34 Moving towards a global workforce
05:56 Going over statistics in the article
07:15 Retirement vs. Future finances
12:13 Student loans not getting paid
13:31 Financial literacy is different from stock market literacy
16:25 Spending vs. Savings
17:17 Spending going up and saving rate is going down
22:25 Pay yourself back at interest
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