4.6 • 2.8K Ratings
🗓️ 26 July 2024
⏱️ 31 minutes
🧾️ Download transcript
It’s no surprise that the media is manipulative - with politics, finances, and more. They want to grab your attention and get a click. We watched a perfect example of that play out recently.
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0:00.0 | Here's a question I keep hearing. |
0:02.0 | Are Boomers hoarding their wealth? Brun I am so excited that we get to talk about this because at its root there is a really |
0:16.3 | interesting thing going on in the world right now but depending on where you get your |
0:22.0 | information depending on what media source that you lean into, you might have two very different perspectives of what that issue is. |
0:29.0 | Yeah, what I like is that this is an important topic. |
0:32.0 | Look, it really is a situation where there is a great deal of wealth |
0:36.6 | with the baby boomer generation. |
0:39.1 | And then there's also younger generations |
0:41.3 | that might be struggling financially, is there some bridge that needs to occur there? |
0:46.3 | So a very important topic, but we did think it's important to highlight, be careful that you're not manipulated, because look at what happened |
0:55.3 | on this very serious question and then what the press did with it. |
0:58.8 | So there was a tweet that went out, and in response to the tweet, which we'll show you a second this |
1:04.0 | article was released and listen to this headline okay boomer you're hoarding your |
1:09.7 | nest egg but your kids need financial help now. |
1:13.0 | I will be honest when I read this headline I had a visceral response |
1:18.0 | and I was like, yeah boomer, what are you doing? |
1:20.0 | But then we read the article, we actually went through the body, and what the article said was very different than the title that was laid out. |
1:28.0 | Well, you see, they acknowledge that this came from a viral ex post, asking whether to give your beneficiaries the money today or let them |
1:36.0 | wait to inherit it and is drawn more than 10 million views. |
1:39.9 | Very important topic. |
1:40.9 | Now, the rest of the story before we actually get into the |
1:44.0 | subject matter and give the answers, why don't you share with the actual |
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