Financial Pitfalls to Avoid During a Pandemic! (By Age)
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 5 June 2020
⏱️ 43 minutes
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Summary
Transcript
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| 0:00.0 | Financial pitfalls by age during unique times like a pandemic. |
| 0:04.7 | It's Brian Preston, the money guy, restoring order to your financial chaos. |
| 0:10.9 | Retirement, investing, taxing. |
| 0:13.6 | You've got financial questions. |
| 0:15.3 | He's got financial answers. |
| 0:17.2 | It's Brian Preston, the money guy. |
| 0:20.3 | Yeah, I think this is so interesting, Brian, because obviously we've done this before. |
| 0:24.1 | We've talked about financial mistakes that we can make in our 20s and our 30s and our 40s. |
| 0:28.5 | But whenever things are unique, especially like what we've recently come through with COVID and the pandemic, |
| 0:34.4 | we recognize that there are some financial mistakes that we can make unique and specific to those times |
| 0:40.4 | that we can make at other times, but they get exacerbated during these times. |
| 0:43.2 | And we ought to be aware of them. |
| 0:44.4 | Yeah, and I think it'd be helpful for anybody. |
| 0:46.9 | And we wanted to do it by age where these would be things. |
| 0:49.5 | We've covered a lot of these topics in detail, but we needed something to kind of just be |
| 0:53.9 | trigger points. We would say, hey, let this be something I need to be aware of, be careful of, |
| 0:58.9 | this is a pitfall. And then I need to go back and do a little bit more research on that, |
| 1:03.2 | because we're going to move. We've got a lot to cover here. |
| 1:05.2 | So I want to make sure that we trigger you where you need to be thinking about things and make |
| 1:09.9 | you better for it. |
| 1:11.1 | So let's jump right in and start with some of the pandemic financial pitfalls that you ought to be |
| 1:15.3 | aware of if you're in your 20s. And this first one, I feel like this is almost a public service |
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