Money Minded

#103 Does Paying for Financial Education Make Sense?


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Does it make sense to pay money to make money? That is the question and in this episode, Mitch and Terry get to the heart of the matter. Because the truth is, there are times when it does, and there are times when it does NOT make sense.Ā  The rules and tools in this episode will help you make wise investments in yourself for the rest of your life.

Also in this ep:

  • The hidden cost you're already payingĀ 
  • How 'myopic loss aversion' muddies our thinkingĀ 
  • How to value financial educationĀ 
  • Terry's three steps for determining how much to investĀ 

Resources and Links Mentioned

Terry's article
šŸ‘‰Ā 
'How Much Should You Pay for Financial Education?'Ā 

  1. Episode #87 Mitch and Brooke's story
  2. Episode #88 on decisionsĀ 
  3. Episode #78 Rachael TaylorĀ 
  4. Episode #21 The WHO not HOW ruleĀ 

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