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HerMoney with Jean Chatzky

Ep 349: From Buyer Beware to Buyer Aware

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Business

4.71.5K Ratings

🗓️ 14 December 2022

⏱️ 55 minutes

🧾️ Download transcript

Summary

Sometimes it can feel like we don’t have a lot of power to make the economy a fairer place. A few dozen large corporations control most of what we buy, and it can feel impossible to demand change when things go wrong. Marta Tellado, president and CEO of Consumer Reports, wants to put the power back in consumers’ hands. She tells us about the predatory business practices we should all be aware of, how we can protect ourselves, and why it’s important to take collective action. In Mailbag, we answer questions about 529s and disability insurance. In Thrive, how to go green during the holidays. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You're listening to an AirWave Media Podcast.

0:04.0

All of us are tied to our phones for all kinds of amazing reasons, right?

0:11.5

It is our first port of call in the morning when we wake up.

0:14.2

It's the last thing we checked before we go to bed.

0:17.2

But with that, what hasn't kept up with that incredible pace of technology are the protections

0:22.8

and the rights and the standards and the rules and ethical behavior of companies that do

0:28.8

business on the internet.

0:35.8

To the self-made and the self-sufficient, our partner Edelman Financial Engines can tailor

0:41.6

investment solutions for the wealth that you're building.

0:45.1

As a hermoney listener, you'll get a complimentary financial plan when you call 833-304-PLAN or

0:54.2

visit plan EFE.com slash hermoney.

0:58.1

Hey everyone, I'm Jean Chatsky.

0:59.8

Thank you so much for joining me today on her money.

1:04.1

So yeah, it was my birthday just a couple of days before we are recording this and my

1:11.8

birthday always gets me a little reflective.

1:15.7

This year, I found myself thinking about just how much has changed during my lifetime

1:22.1

when it comes to personal finance for the record, I'm 58, so just to put it out there.

1:27.8

One of the biggest things that I've noticed is that all of us are much more connected

1:33.6

by the things that we buy.

1:35.8

For example, if you're shopping for a phone, then you are probably getting it from Apple

1:40.2

or Samsung.

1:41.5

If you're at the grocery store, chances are you have something from Nestle or General

...

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