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WSJ Your Money Briefing

How to Apply ‘The New Rules of Money’ to Master Your Finances

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 5 December 2023

⏱️ 10 minutes

🧾️ Download transcript

Summary

"The New Rules of Money,” a book from The Wall Street Journal, helps readers break down the fear factor behind managing their personal finances. Reporter and co-author Julia Carpenter joins host J.R. Whalen to discuss how the book’s interactive tools can guide readers toward reaching their financial goals. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Everything is fuel for your creativity with the L'Anovo Yoga Laptop series.

0:04.3

From the people you meet to the creators you follow, it all comes together with Lanova Yoga.

0:09.2

Plus, you get a 50 pound travel voucher and a shot at winning an awesome trip to New York and a Motorola

0:14.6

razor 40 Ultra. Check out the L'Anovo Yoga series with laptops made for creatives at

0:19.8

Lenovo.com slash yoga. Limited time only terms and conditions apply. Engineered to do it all. That's a laptop evolved with Intel Evo Platform. Here's your money briefing for Tuesday, December 5th. I'm J. R. Wayland for the Wall Street Journal.

0:38.0

People trying to manage their personal finances often go off track by applying an old set of rules.

0:47.0

A new book from the Wall Street Journal guides you through the new rules of money to help you reach your financial goals.

0:53.0

So often we have milestones set for us.

0:56.2

You graduate from college and you think, okay, I'm immediately supposed to set forth on this

1:00.8

path that my parents were on and my grandparents were on.

1:03.6

And I talk to a lot of people who don't even want those milestones.

1:08.1

They don't want to own a home right now, or they don't want to get married.

1:11.8

And setting your own milestones

1:14.1

then also allows you to reorder that path

1:17.9

and tailor it to your own experience.

1:20.2

We'll talk to Wall Street Journal Personal Finance

1:22.0

reporter Julia Carpenter Carpenter after the break

1:29.2

It's time to actually understand what's going on in finance and the economy.

1:34.0

Whether you're a seasoned investor or just getting started,

1:37.0

W.S.J's take on the week is here with straightforward analysis and insight.

1:42.0

The average retail investor investors portfolio is like half tech stocks.

1:46.0

It's kind of become Wall Street's recession play.

...

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