Worried about fighting with the people in your life about money? Here’s the way to end it. Even if you’re just struggling to talk to other people in your life about money…maybe it’s not you. People don’t talk in one financial language. According to Tarra Jackson, today’s guest, there are actually FOUR different languages. We’ll sit down with Tarra today to learn just what those four languages are, and how we can best communicate with people speaking in a different tongue. Worried about fighting with the people in your life about money? Here’s the way to end it.
In our headlines segment, we’ll discuss weddings. Should we have a small wedding and invest the rest to ensure that we retire rich? Is it possible to do both (have a big wedding AND be rich)? We’ll cover that plus another headline about employers seeking permission to send uncashed pension checks to the unclaimed proper funds. Should employers have fiduciary liability for former employees who refuse to cash their checks?
Plus, after we take some time for Doug’s trivia, we’ll answer a question from Russell. Russell wants to know what’s the point of being an accredited investor? Why should someone become an accredited investor?
And as we finish up our letters segment, we’re tearing open a letter from Jacob, who wants to move out of his parent’s basement soon. Jacob and his girlfriend are currently living in the basement rent-free and are getting their finances ready to be on their own. Jacob sent in some info on their situation and want some input from fellow basement-dwellers. Are they going to be ready to move out?
- Want to retire rich? Have a small wedding and invest the rest (MarketWatch)
- The $100,000 Uncashed Pension Check (Forbes)
<18:31> Tarra Jackson
You can find more from Tarra at her site: MadamMoney.com
Want to get yourself a copy of Tarra’s book, 4 Financial Languages: The Secret to Communicating About Money? Click below:
<44:34> Doug’s Trivia
- In 1967 New Zealand dropped their old currency, the New Zealand pound, and adopted a new currency. What is the name of their 1967 era-new currency?
<49:55> Haven Life Line
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- Russell calls in asking what’s an accredited investor. Why should a person become an accredited investor?
Jacob and his girlfriend live in his parent’s basement rent-free. They’ve been focusing on their finances and want to move out in the next year. Jacob writes in with some details about the situation and asks for our input.