Radio Show #28: Debunking Six Money Myths
This week’s episode is all about busting some common myths that we hear and read about. A recent article from Fidelity spared the idea and Scott and Shawn are going to debunk six money myths. We’re covering things like income planning, healthcare, legacy planning and more.
There’s a common theme that we’ll keep coming back through during the show, which is there aren’t many absolute rules in financial planning. Nuance is so important in planning because each individual has different needs and goals. That’s why our team at Bulman Wealth Group is here to guide you every step of the way, and today’s conversation help to clear up a few ideas that might not apply to your money.
Here’s some of what we discuss in this episode:
• Myth number 1: It’s not worth saving if I can only save a small amount.
• Myth number 2: The stock market is too risky for my retirement money.
• Myth number 3: I’m young so I don’t need to save for retirement.
• Myth number 4: There’s no way of knowing how much money I’ll need in retirement.
• Myth number 5: All debt is bad.
• Myth number 6: Credit cards should be avoided.
Book a 15-minute discovery call with the team here: https://calendly.com/ask-bulmanwealth or ask questions via email at ask@bulmanwealth.com.
