Jill Schlesinger: Common Money Mistakes to Avoid

Marriage Kids and Money: Personal Finance for Families

Andy Hill

Investing, Business, Kids & Family, Parenting

4.9 • 604 Ratings

🗓️ 8 February 2021

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

CBS News Business Analyst Jill Schlesinger shares common money mistakes to avoid on our financial journey. It's fun to celebrate the big financial wins, but it can be just as important to review our mistakes. That way we learn from them and grow. Jill Schlesinger, Author of "The Dumb Things Smart People Do with Their Money: Thirteen Ways to Right Your Financial Wrongs", breaks down why we make these mistakes and what we can do to avoid them in the future. Show notes: https://marriagekidsandmoney.com/podcast/money-mistakes-to-avoid-jill-schlesinger/ RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	If you want to have a fun money account, you want to buy a little sliver of a stock to learn something, that's fine with me.
0:08.9	If you want to buy some Bitcoin, that's fine too. You want to learn about this thing. You want to follow it.
0:13.5	You want to stick it in a drawer. Fine. But if you think that that's going to be the cornerstone of how you accumulate wealth, I think you're going to be taught a very brutal lesson.
0:29.5	This show is dedicated to helping you, strengthen your family tree, and live financially free.
0:35.3	Welcome to the Marriage Kids and Money podcast, everybody.
0:37.5	This is Andy Hill, and today we're talking about common money mistakes to avoid on our
0:44.2	financial independence journey.
0:46.5	I love sharing mortgage-free stories, young millionaire wins, and debt-free victories on this show, because we discuss the steps to make this a reality for you.
0:58.9	But it's also important to discuss what we shouldn't do as well.
1:03.9	And I have the perfect guest today who's going to help us with just that.
1:08.0	And her name is Jill Schlesinger.
1:10.0	Jill Schlesinger is the Emmy-nominated and
1:12.8	Gracie award-winning business analysts for CBS News. Jill appears on CBS radio and television
1:19.6	stations nationwide, covering the economy, markets, investing, and anything else with a dollar
1:25.8	sign. Jill's five-star rated book, The Dumb
1:29.0	Things Smart People Do With Their Money, 13 Ways to Write Your Financial Wrongs, is available now.
1:36.1	Welcome to the show, Jill. Thanks for having me. Absolutely. Well, you know, money mistakes.
1:40.7	I'm always about money wins. I'm like this positive guy that's trying to talk about
1:44.3	all these great things people are doing, but it's also important to highlight some of the
1:47.6	dumb things, right? Why do you feel it's important to highlight some of the dumb things smart people
1:51.7	do with their money? Because everyone makes mistakes and we are not perfect. We are unfortunately
1:57.6	human beings and we are far from analytical smooth algorithms that can make the best
	...

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