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Coaching for Leaders

396: Dumb Things Smart People Do With Money, with Jill Schlesinger

Coaching for Leaders

Dave Stachowiak

Management, Careers, Business

4.81.6K Ratings

🗓️ 18 February 2019

⏱️ 37 minutes

🧾️ Download transcript

Summary

Jill Schlesinger: Jill on Money

Jill Schlesinger is the Emmy-nominated Business Analyst for CBS News, the host of the Jill on Money podcast and of the nationally syndicated radio show, Jill on Money, which won the 2018 Gracie Award for Best National Talk Show. She has been recognized as a Top 10 LinkedIn Influencer and a Top 10 LinkedIn Voice. She’s the author of The Dumb Things Smart People Do with Their Money: Thirteen Ways to Right Your Financial Wrongs*.

Key Points

  • Not all financial professionals are looking out for you. Make sure they are held to the fiduciary standard at all times.
  • Before seeing a financial professional, make sure you’ve already paid off consumer debt, you’ve built an emergency reserve fund, and you’re maximizing your retirement fund contributions.
  • Prioritize your own retirement savings before setting aside money for your children’s tuition.
  • Make sure the cost of a degree is worth the expected income.

Resources Mentioned

Book Notes

Download my highlights from The Dumb Things Smart People Do with Their Money in PDF format (free membership required).

Related Episodes

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Activate your free membership for full access to the entire library of interviews since 2011, searchable by topic.

Transcript

Click on a timestamp to play from that location

0:00.0

If you're smarter than the average bear that can actually work against you in leadership and also with money, on this episode the dumb things you may be doing with money and how to do better.

0:12.0

This is coaching for Leaders episode 396.

0:16.0

Produced by Innovate Learning, Maximizing Human Potential. potential. Dave Stahofoviac. Leaders aren't born, they're made, and this weekly show gives you access

0:36.4

to the practical wisdom that will empower you to become a better leader. If you've been listening

0:42.2

in the show for any length of time, you know that I'm a big leader. If you've been listening to the show for any length of time you know that I'm a big believer in personal leadership,

0:47.1

having our own house in order in many ways and also personally as well.

0:53.6

And once in a while I like to take a step back

0:56.1

from some of the core leadership topics

0:58.1

that we discuss on the show

0:59.8

and look at what we should be doing

1:01.6

to keep our own houses in order.

1:03.2

And one of those key tenants of life

1:07.0

is how we are handling our money and our personal finances.

1:10.6

And I am so glad to welcome back to the show today.

1:14.0

Jill Schlesinger is going to be teaching us about some of the dumb things that smart people do with their money.

1:20.0

Jill is an Emmy nominated business analyst for CBS News. She appears on CBS Radio and

1:26.3

Television stations nationwide, covering the economy, markets, investing, and anything else that

1:32.2

has a dollar sign.

1:33.2

She is a weekly guest on NPR's here and now,

1:35.8

and writes the nationally syndicated column Jill on Money

1:38.7

for Tribune Media Services.

1:40.6

Jill is the host of the Jill on Money podcast and the nationally syndicated radio show Jill on Money,

...

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