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WSJ Your Money Briefing

Knowing Your Numbers Can Lead You to Financial Freedom

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 7 January 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

Financial advisers say a key to building good money habits is to regularly review in detail each of your accounts and assets. WSJ’s Bourree Lam and Julia Carpenter, authors of “The New Rules of Money,” join host J.R. Whalen to discuss how the book can help make that process less intimidating. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:26.2

Here's your money briefing for Sunday January 7th.

0:32.2

I'm J. R. Whelan for the Wall Street Journal.

0:37.2

This is episode one of a four-part series of Sunday episodes about making the right moves

0:42.1

to plan your financial future.

0:44.2

We're taking a deep dive into a new book, the new rules of money.

0:48.1

Up first, managing your money properly starts with knowing your numbers, all of them.

0:53.7

What is really important about knowing your numbers is that there's a difference between assuming

0:58.6

things are good or bad and being rooted in reality.

1:01.8

And a big part of personal finance and a big part of what we talk

1:05.1

about in the book is learning about your personal money life. This is part of learning about your relationship with money.

1:14.0

We'll talk to the book's authors, W.S. Beret Lamb and Julia Carpenter, after the break. The Color purple,

1:23.0

Purple, produced The color purple produced by Oprah Winfrey, Stephen Spielberg, and Quincy Jones.

...

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