The Prosperity Podcast Busting Financial Planning Lies - Episode 127
How much of the typical financial planning “wisdom” is actually a lie? Today our hosts best selling author Kim Butler and co-host Todd Strobel sit down to try and unpack some of the most common lies in the financial industry. They discuss whether bonds are actually a safe place to store your money, and whether or not “savings” and “investments” are the same thing. Tune in to learn how to take control of your money and your financial future.
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Links in this Episode:
Show Notes:
0:00 Intro
0:42 List of Financial Planning Lies
2:37 Lie #1: Saving & Investing Are The Same Thing
6:34 When You Should Be Saving vs. Investing
13:06 Lie #2: Bonds Are the Place to Store Your Safe Money
19:10 Cash Value of Whole Life Insurance as a Safe Place for Money
20:40 Outro