A study reveals that many Americans struggle with personal finance concepts due to a lack of formal education. The limitations of financial education in schools and the lack of conversations about money in families contribute to this problem. Social media, particularly TikTok, has become a popular source of financial tips, but it's important to be cautious about the accuracy and bias of the information. The 10 commandments of investing are discussed, including avoiding gambling, being wary of false prophets, doing due diligence, understanding compound returns, and diversifying investments. In this part of the conversation, the hosts discuss the final five commandments of investing and provide advice on how to apply them to one's financial situation. The hosts emphasize the importance of creating a comprehensive retirement plan and offer a complimentary financial review to help listeners achieve their retirement goals.

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https://www.gvcpleasantgrove.com/money-matters-radio-show

 

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