My Next Move

Are you falling for these five common financial misconceptions?


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In this episode of the My Next Move podcast, financial behavioral expert Michael Liersch debunks five common financial misconceptions. Like the idea that financial matters are simple. Actually, they’re not simple at all. Investing deliberately, with intention, for yourself or family members, can actually be quite complex. Another misconception is that you can offload your financial life onto someone else, a spouse or a team of professionals who are helping you, and then you won’t need to worry about it. Not true, either. What if something happened to them? Or to you? Communicating about money with those close to you is critical to your financial life so you can make the best, most sustainable decisions. Michael offers more financial advice about five common money misconceptions, and what you can do to change them.
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My Next MoveBy J.P. Morgan Asset & Wealth Management