Today’s show is part of our special podcast series for Money Smart Week – coordinated by the Federal Reserve Bank of Chicago to help individuals and families better manage their personal finances. Learn more at MoneySmartWeek.org.
On The BIGG Success Show today, we were thrilled to talk with Erin Lowry. You may know Erin from her critically acclaimed book Broke Millennial*. She’s back with a new book called Broke Millennial Takes On Investing: A Beginner’s Guide to Leveling Up Your Money*. Erin joined us today to talk about it. Here’s a summary of our discussion…
What is a “beginning investor”?
Erin says a lot of personal finance books assume a basic level of understanding of the stock market. In addition, they tend to use jargon which makes people feel like outsiders. It prevents them from learning more.
She wrote this book for these beginning investors, people who in many cases may not even think of themselves as investors. But if you have a 401(k) with your employer, you’re an investor – whether you think you are or not.
Want to hear Erin and George each share an unpleasant memory from math class, which illustrates what it’s like when you don’t understand investing? Listen to the show by clicking the PLAY button above.