“They” say 30-seconds is all you’ll need, then you’ll see the Benjamins roll in. If you’ve found that lottery ticket, let me know.
Don’t get me wrong, I’m a huge advocate for financial education. In fact, one of my goals is to push for legislative change to implement more financial education in our school systems. Simply put, a ½ credit through 12 years of education in any state is just not enough. Finance (money) touches almost every part of our society and basic principles need to be taught to provide students a solid financial foundation before they leave the folly of youth behind. If students aren’t learning this knowledge in the classroom and don’t have someone prudent in their life that makes a point to teach them, where will our future generations learn this valuable knowledge?
Time and attention are my most precious personal commodities, so personally, I don’t spend a lot of my time on social media. When I do, I read posts that bring value. Since the beginning of 2020, I noticed a shift within the feed on my social media sites. Specifically, I noticed more posts from ‘finfluencers’. Posts I’ve watched or read often tout buying ‘x’ stock or product and how you could make some ridiculous amount of money by following their advice. These individuals have this capability because their popularity or cultural status increased their reach and ultimately impacts their followers decision-making process. (Side-note, many of those posts include some expensive car, item or the ‘finfluencer’ was in an exotic/desired place to increase the effectiveness of their messaging)
Last week, a client reached out about an issue...
>Don't miss the conclusion
LeConte Wealth Management