4.4 • 1.3K Ratings
🗓️ 25 August 2021
⏱️ 10 minutes
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0:00.0 | This is Optimal Finance Daily, Episode 1629. |
0:03.7 | Can you really save more tomorrow by Scott Span of FinancialFinesse.com. |
0:08.9 | And I'm your host and personal finance enthusiast, Diana Mariam. |
0:12.8 | This is the show where I narrate posts from a wide variety of personal finance blogs. |
0:17.3 | We cover so much on this show from saving to investing to debt reduction and more. |
0:21.7 | So thank you for joining me today and every day. |
0:25.0 | This show is actually one of many shows in our network, |
0:27.8 | covering different topics like personal development, health, and relationships. |
0:31.7 | So if you like narration style podcasts, be sure to search for Optimal Living Daily, |
0:36.7 | wherever you're hearing this and check out our other shows. |
0:39.7 | But for now, let's get right to it and continue optimizing your life. |
0:47.6 | Can you really save more tomorrow by Scott Span of FinancialFinesse.com. |
0:54.0 | We hear a lot in the news about concerns that Americans aren't saving enough |
0:57.6 | for retirement. It's not surprising for news to lead to an increased concentration |
1:02.4 | on saving for the future. On average, retirement planning may be the top financial |
1:07.6 | planning priority, but that doesn't necessarily mean that everyone shares the sense of urgency. |
1:12.8 | The 2013 FinancialFinesse generational research study highlighted the fact that employees |
1:18.2 | in the under 30 age group were the only group that didn't select retirement as their top |
1:23.3 | financial planning category. Instead, they ranked managing their cash flow at 78% and getting |
1:29.3 | out of debt at 59% as their top two financial priorities. This makes sense to me. |
1:34.8 | Financial priorities and vulnerabilities are expected to vary with age. |
1:39.2 | Some of these differences are a result of particular life stages where others may simply be |
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