S3 Ep3: How Different Cultures Think About Money

Update: 2021-07-22

Description

On this episode of That Makes Cents, we talk about different cultures think about, and spend, their money. Among the topics discussed:

Why certain cultures value homeownership more than others (9:25 )

Why the textbook rules don't always apply to everyone (13:00 )

How to increase diversity in the financial advice industry (18:50 )

Featured Guests:

John Eing, MBA, CPA, CFP®, Relationship Manager, Abacus Wealth

https://abacuswealth.com/

Chloe Moore, CFP®, Founder, Financial Staples

https://www.financialstaples.com/

Luis F. Rosa, CFP® EA, Founder, Build a Better Financial Future

https://buildabetterfinancialfuture.com/

Learn more about the BLatinX Internship program: blxinternship.org

Meet The Host:

Mac Gardner, CFP®, Founder, FinLitTech

www.finlittech.com

SHOW NOTES

Asian American renters vs. homeowners (pg 16)

https://www.advancingjustice-la.org/sites/default/files/pictures/coc-older-adults-LA-2016.pdf

Would Baby Bonds close the racial wealth gap

https://www.morningstar.com/articles/1003066/can-baby-bonds-shrink-the-racial-wealth-gap

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DISCLAIMER

Please be advised that this podcast contains purely educational information and nothing discussed may be construed as legal, tax, or financial advice. Please consult a financial advisor for any financial investment or money management questions you may have of views or opinions represented on this podcast are solely the opinion of the speaker and do not represent those of eMoney Advisor LLC or any of its affiliates or subsidiaries.