How do avoid becoming a zombie? No, not the Walking Dead zombie, but the type who works their whole life, just pounding away, realizing too late that it was all for nothing? On today’s episode, Deb Meyer helps the team talk about redefining retirement. What does it really mean? How do we ensure we’re chasing the right dreams? We’ll discuss some big, heady thoughts in today’s main segment.
Halfway through the show we’ll take a break from our discussion to talk to the Evil HR Lady, Suzanne Lucas. Uber drivers have just been declared independent contractors, and not employees. What does that mean if you’re working in the gig economy? What does that mean if you hire employees? We’ll talk about all angles of this issue, and how it involves both side hustles and maybe also your primary job, on today’s show.
And we’re mixing things up with today’s Magnify Money Line. We won’t be doing a voicemail today, but a… letter! (GASP). Bryce is a college student who wants to start investing, but his parents are telling him to keep growing his savings until he’s out of school. Should he follow their advice?
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Show Notes:
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<> Headlines
- The ONE Question You Need to Ask Yourself to Avoid Being a Zombie (What’s Next)
Our Contributers
Debbie Meyer
You can find more on Debbie at her site: RedefiningFamilyWealth.com
Keep up-to-date with Debbie on Facebook: @RedefiningFamilyWealth
Paula Pant
Check Out Paula’s site and amazing podcast: AffordAnything.com
Follow Paula on Twitter: @AffordAnything
OG
For more on OG and his firm’s page, click here.
<> The Evil HR Lady
Want to keep up with Suzanne Lucas? You can follow her latest posts at her site: EvilHRLady.org
<> Doug’s Trivia
- What were the total number of hotdogs consumed last year in the men and women’s hotdog eating contest at Coney Island?
<> Magnify Money Question
Bryce writes in wondering if he start investing while he’s in college, or just save up until he graduates (like his parents suggest). Check out the rest of the letter below:
Hello Joe and OG, glad to be one of two listeners of the show. I’m a college student looking to get started with investing, but my parents tell me I should just keep growing my savings until I get out of school.
I don’t have much, but do have a savings account with a little over three grand in it. I’m wondering if I should follow their advice, or take the little amount I have now and start investing it before I get out of school?
If I were to invest, what are some good ways to start doing that? Hope to hear from you guys, can’t wait for some more insight and information.
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