#13 There is No Free Lunch: When it Comes to Financial Advice Who Do You Trust?

Emily & Amanda talk about:

• Media stories on how other people spend their money, and whether they are valuable or just click bait,
• Why you should be wary of your sources of free financial advice, and
• How keeping a Money Diary might help you reach your savings goals.

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Links & Resources

• Report: 36% of Consumers Earning $250K+ Now Live Paycheck-to-Paycheck. As inflationary pressures impact consumers’ economic prospects, 36% of those earning over $250,000 annually now report living paycheck to paycheck. In “New Reality Check: The Paycheck-To-Paycheck Report,” PYMNTS surveyed 4,048 U.S. consumers from April 6 to April 13 to learn their savings, spending and credit habits.
• Here’s how much money you have to earn to be in the top 1% in every US state
• Read more about other people's spending habits via Money Diaries
• Financial Newsletters mentioned - Fiscal Femme, She Spends, The Budgette