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Jill on Money with Jill Schlesinger

Inheritance and Retirement Planning

Jill on Money with Jill Schlesinger

Audacy

Self-improvement, Business, Investing, Education

4.61.8K Ratings

🗓️ 11 March 2024

⏱️ 24 minutes

🧾️ Download transcript

Summary

I am 39, single, no kids, never married. I am set to inherit a little over $175,000. How should I put it to work? Have a money question? Email us here Subscribe to Jill on Money LIVE YouTube: @jillonmoney Instagram: @jillonmoney Twitter: @jillonmoney "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

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0:00.0

Are you ready for a Monzo Business Bank Account?

0:03.0

It's made to help you navigate cash flow and tax season.

0:06.0

Perfect for bosses with a growing business,

0:09.0

freelancers searching for financial freedom,

0:11.0

side hustlers juggling 9-to-5s with 5-9s, and over 350,000 businesses

0:16.9

already with us.

0:19.0

Sell through your business banking.

0:20.9

Apply for an account in minutes. Search Monzo Business.

0:24.0

Tees and sees apply.

0:25.0

Soul traders or limited company directors maybe the same financial decisions.

0:44.0

We, Mark Tlerseo and I, Jill Schlesinger,

0:47.3

were both certified financial planners,

0:49.0

and we love to hear from folks.

0:51.5

Now, Mark, I just have to tell you that in my ever in my never ending

0:57.2

role at CBS News as Aunt Jill slash financial planner in house I had to tell you about a story that I heard that was pretty

1:07.4

amazing. So a young producer who got pitched whole life insurance, which she purchased and has been paying

1:16.8

in two for three months.

1:18.0

There is absolutely no need for insurance, zero need for insurance, and get this, she's trying to save for a house and the

1:24.4

insurance person said oh you should use this policy that's how you can save for a

1:27.8

house what are your thoughts on that mark first of all thank thankfully she

1:31.5

cut her losses sooner rather than later but how do heck did she even get involved with financial planner at this stage of her life?

1:37.0

But you know, it's just sort of somebody, you know, that's the thing. It was like somebody told her that she should try and end what's really most upsetting

...

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