5 Investing Taboos That Are Holding You Back

Everyone's Talkin' Money

Shari Rash

Business, Self-improvement, Education

4.6 • 631 Ratings

🗓️ 6 August 2024

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Are these 5 investing taboos keeping you stuck? In Today's Shannah Shares, Community Q&A reboot episode, I tackle a question from Laquesha: who wants to start investing but doesn't know where to start? Listen, the financial world wants you to believe that investing is super complicated and hard. However, I want you to know that isn't the case. It's really about picking how you will invest (401K, IRA, Roth IRA, etc.), how much you can invest each month, and what to invest in (which, I promise, isn't really that complicated). In this episode, I'm answering Laquesha's question and pulling in expert advice from Taylor Schulte to help demystify it all for you. LINKS Define Financial Stay Wealthy, San Diego CONNECT WITH SHANNAH Ask Shannah questions - submit your question here https://etmpod.link/askshannah Freebie: 10 Money Questions to Ask Yourself Money Guide https://etmpod.link/10moneyq Follow me on Instagram Leave a 5-star Review here https://ratethispodcast.com/etm Subscribe to our YouTube Channel https://www.youtube.com/@EveryonesTalkinMoney SPONSORS Thanks to ASPCA for sponsoring the show. To explore coverage, visit ASPCApetinsurance.com/ETM. Thanks to Notion for sponsoring the show. Notion is my go-to tool for managing notes, to-do lists, and action items. You can try Notion for free at Notion.com/ETM. Thanks to OneSkin for sponsoring the show. Get 15% off OneSkin with the code ETM at https://www.oneskin.co/ Thanks to Quince for sponsoring the show. Go to http://www.quince.com/etm for free shipping on your order and 365-day returns. Thanks to NerdWallet for sponsoring the show. Don’t wait to make smart financial decisions. Compare and find smarter credit cards, savings accounts, and more today at www.nerdwallet.com. Thanks to Monarch for sponsoring the show. After trying out Monarch for myself, I understand why it’s the top-rated personal finance app. Listeners of this show will get an extended thirty-day free trial when you go to www.monarchmoney.com/ETM. Thanks to EarnIn for sponsoring the show. Just download the EarnIn app in Google Play of the Apple App store and use code Talkin Money under Podcast. Thanks to Noom for sponsoring the show. Start taking control of your weight management and join the millions who have lost weight with Noom. Sign up for your TRIAL today at www.noom.com. Thanks to ButcherBox for sponsoring the show. Sign up today at www.butcherbox.com/etm and use code ETM to get $20 off your first order. Thanks to DelelteMe for sponsoring the show. Today get 20% off your DeleteMe plan when you go to www.JoinDeleteMe.com/ETM and use promo code ETM at checkout. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:26.4	Pre-order Tony Hawk's Pro Skater 3 and 4 and play the Foundry demo.
0:30.0	Hey, it's Shawna and welcome to everyone's talking money. Welcome back to the show.
0:43.2	It is so good to have you on this episode of Shauna Shares, community Q&A.
0:48.0	So today's question comes from Laquisha and she says,
0:50.7	Hi, Shauna, thank you so much for answering my question.
0:55.2	I really want to start investing, but I keep getting hung up on all the chatter out there. I can't figure out if I'm supposed
0:59.9	to wait to start investing until I've paid off on my debt, or is that not smart to do? Also, it just
1:05.3	feels like I need to be an expert at investing to do it well. I know that's not true, but man, it just feels so hard to figure out
1:11.7	investing. I know so many people are making a killing and it kind of feel bad that I haven't started
1:16.3	at all. You know what I mean? You've done so many great episodes. I'm curious if there's an
1:20.8	episode from the past that you think I should check out. You're awesome and I so appreciate this show
1:25.5	for motivating me. My boyfriend can't believe I care
1:28.3	this much about money, but I just tell him, yes, yes, I do, and so should you. Okay, thanks again.
1:35.6	Leguja, I love this. I love that you're telling your boyfriend that yes, he should care about his money,
1:40.9	because he should care about his money. If he goes to work,
	...

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