091 Leveling up your Money & Investing with Erin Lowry
Episode description
Investing can seem complicated but Erin Lowry is breaking it down into terms we can all understand. Her new book, Broke Millennial Takes On Investing, is a beginners guide to investing and will help you level up your money. Here's what we discuss in this episode:
- Erin’s background & how she became the Broke Millennial and an overview of her book
- The most common “excuses” or limiting beliefs on why people don’t invest
- The importance of compound interest, inflation & time & why you should start sooner than later
- Investing in a 401K, Roth IRA & other investing options aside from your employer
- Goal setting, time horizon, risk tolerance and asset allocation
- Paying off your student loans vs credit card debt vs investing for retirement
- What the wealthy are doing in regards to investing
- The benefits & advantages of robo advisors vs human advisors vs investing on your own
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