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047: Outdated Financial Advice
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It's nostalgic to look back at the past decades and notice the outdated trends and technology that no longer exist.
Yet, when it comes to financial advice; it's disturbing to learn just how many beliefs and teachings still abound that are clearly outdated.
Today, we review a blogpost on TheSimpleDollar titled, "Outdated Financial Advice".
In This Episode We Look At:Financial beliefs and advice that are still alive and kicking, but should be let out to pasture, like:
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"Depend on your husband's income"
"Find a solid company and work there until you retire"
"Everyone should attend college immediately after High School"
"You should buy as much home as you can afford"
"Always use a Debit card instead of Cash"
- Ask yourself when reading or receiving financial advice: "Is this true for my financial needs today?"
If you have a question or comment about today's topic, we invite you to share your thoughts.
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