047: Outdated Financial Advice

It's nostalgic to look back at the past decades and notice the outdated trends and technology that no longer exist.

Yet, when it comes to financial advice; it's disturbing to learn just how many beliefs and teachings still abound that are clearly outdated.

Today, we review a blogpost on TheSimpleDollar titled, "Outdated Financial Advice".

In This Episode We Look At:

• Financial beliefs and advice that are still alive and kicking, but should be let out to pasture, like:

• • "Depend on your husband's income"

  • "Find a solid company and work there until you retire"

  • "Everyone should attend college immediately after High School"

  • "You should buy as much home as you can afford"

  • "Always use a Debit card instead of Cash"

Today's Resources and Links:

• Outdated Financial Advice

One Thing You Can Do Today to Improve Your Financial World:

• Ask yourself when reading or receiving financial advice: "Is this true for my financial needs today?"

What Are Your Thoughts?

If you have a question or comment about today's topic, we invite you to share your thoughts.