It’s Sunday, which means...It’s recap time!

The theme this week on the One Minute Retirement Tip podcast is: the problem with financial experts.

Here’s what we covered in each episode this week:

• The problem with the big financial institution bigwigs, which is that their advice is often just too watered down
• Then we talked about the question you should always ask, which is what is this person trying to sell me. It’s always something, and it could be as simple as wanting you to spend more time watching their show or their videos. There is always an agenda, which doesn’t mean that you should dismiss everything you hear, it just means you need to be guarded and discerning in accepting the advice that’s doled out.
• After that, we talked about personal finance red flags - the use of the words never and always. Personal finance is so gray, that in your situations and circumstances, you may want to do the thing that you’re never supposed to do, or you may not be better off doing the thing that you’re told you should always do.
• Then, over the last 2 days, I talked about how classic personal finance books are my favorite place to consume financial information, and how you need at least one competent, trustworthy, and most importantly, accountable person to get your advice from.

Hopefully after listening to the tips this week, you have better tools for being discriminating in how you consume financial media and the advice from experts.

If you missed any of these episodes, you can find them on Apple Podcasts or wherever you listen to podcasts by searching for the “One Minute Retirement Tip with Ashley”.

Tomorrow, come on back, because we’re starting a brand new theme: grandparent owned 529s the new rule you need to know. I’ll talk about a recent change to the laws for 529 college savings plans that make them more attractive to open and fund if you’re a grandparent. Help those favorite rugrats of yours pay for a 6-figure college bill. I’ll share with you this new rule and how to take advantage of it next week.

Thank you so much for listening this week! My name is Ashley Micciche and I hope you have a blessed Sunday.

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Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance