“I don’t have a penny in savings. What should I do?” (Listener Intervention)

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.6 • 1.7K Ratings

🗓️ 26 November 2021

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today, Nicole has a Listener Intervention with a Money Rehabber who, in her words, “doesn’t have a penny in savings.” She says: “My parents didn't teach me this stuff and school certainly didn't. I've always felt like there was a secret world I was excluded from. I wish I would have gotten on this way sooner but I'm clinging to the ole 'better late than never' expression.” Today, Nicole shows this Money Rehabber that it’s never too late. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com See omnystudio.com/listener for privacy information.

Transcript

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0:00.0	Hey guys, are you ready for some money rehab?
0:05.1	Wall Street has been completely upended by an unlikely player. Game stop.
0:08.7	That's a good one.
0:09.7	Ian and should I have a 401k because then I don't do it?
0:12.6	No, I know.
0:14.2	What's that?
0:15.2	I don't think the whole world will revolve around you on your money.
0:17.6	What a dumb shit.
0:18.8	I think I'm dead.
0:19.8	Charge for wasting our time.
0:22.8	I think I'm gonna be dead.
0:23.8	I will take a check.
0:24.8	I think I'll pull you to hell.
0:26.8	You recognize her from Hank Ring on CNN.
0:29.8	The CNBC and Bloomberg.
0:32.0	The only financial expert you don't need a dictionary to understand.
0:36.2	The cold lap in.
0:38.0	The money rehabber on today's listener intervention sent me a note telling me that
0:41.9	she in her words doesn't have a penny in savings.
0:46.2	She grew up like a lot of us.
0:48.2	She wasn't taught best practices around making, saving, or growing money.
0:52.9	She says the whole money world felt like a club she wasn't invited to.
	...

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