Beth Kobliner - Helping Young People “Get a Financial Life” | The Daily Show
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Top Comments (10)
"it's just sooo basic. get out of debt, start to save, then invest." tell me you have not come from the working class without telling me you havent come from the working class
There is a reason this interview is twice as long as normal DS interviews.
How about you get paid a livable wage?
"don't charge what you can't afford" ... you mean food?
100% financial literacy should be a mandatory high school course.
The idea that we can just smart our way out of a broken system is insane. Yes, we should educate people about finances. But the broken system is the real problem. People who are making money enough to have proper finances telling people who aren’t to just pay more and pay things off quicker makes absolutely no sense to me.
I wish that they went more into depth on the number of online banks thwt advertise FDIC insurance, but don't actually have it. There's some investigative journalism related to a failed online bank, Yotta Bank, that failed and lost $100 million worth of deposits. Because Yotta is a fintech company, they did not need a bank charter to operate. Instead, they partnered with banks to process payments and advertised FDIC insurance because of that. $100 million are gone. Some people lost their life's savings.
Excellent segment
Again grateful for guests kosta has been having lately super helpful and simple and wholesome
The problem for a large number of people is not making enough money to do much more than scrape by. There's basically nothing to save. Its a joke to tell people to even save 3-6 months of income. The system is broken.
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Top Comments (10)
"it's just sooo basic. get out of debt, start to save, then invest." tell me you have not come from the working class without telling me you havent come from the working class
There is a reason this interview is twice as long as normal DS interviews.
How about you get paid a livable wage?
"don't charge what you can't afford" ... you mean food?
100% financial literacy should be a mandatory high school course.
The idea that we can just smart our way out of a broken system is insane. Yes, we should educate people about finances. But the broken system is the real problem. People who are making money enough to have proper finances telling people who aren’t to just pay more and pay things off quicker makes absolutely no sense to me.
I wish that they went more into depth on the number of online banks thwt advertise FDIC insurance, but don't actually have it. There's some investigative journalism related to a failed online bank, Yotta Bank, that failed and lost $100 million worth of deposits. Because Yotta is a fintech company, they did not need a bank charter to operate. Instead, they partnered with banks to process payments and advertised FDIC insurance because of that. $100 million are gone. Some people lost their life's savings.
Excellent segment
Again grateful for guests kosta has been having lately super helpful and simple and wholesome
The problem for a large number of people is not making enough money to do much more than scrape by. There's basically nothing to save. Its a joke to tell people to even save 3-6 months of income. The system is broken.