Better Off with Jill Schlesinger | Financial Planner & Expert
Host Jill Schlesinger tackles uncomfortable and even controversial money and investing issues, without the financial jargon, to get to the heart of what is important for anyone to know. Jill takes listener phone calls and interviews informative and entertaining guests each week to uncover surprising insights and provide actionable information so you can make the most of your money. This show..
A recent creditcards.com survey found that a large majority of Americans with debt would not be willing to cut spending on either leisure travel or clothing and shoes by 50%. I joined CBS This Morning to discuss how these choices can impact your credit.
Plenty of experts argue that anyone who wants to develop a skill, play an instrument, or lead their field should start early, focus intensely, and rack up as many hours of deliberate practice as possible. If you dabble or delay, you’ll never catch up to the people who got a head start.
But a closer look at research on the world’s top performers, from professional athletes to Nobel laureates, shows that early specialization is the exception, not the rule.
Today’s guest, David Epstein, uses his latest book, Range: Why Generalists Triumph in a Specialized World, to examine the world’s most successful athletes, artists, musicians, inventors, forecasters and scientists. He discovered that in most fields, especially those that are complex and unpredictable, generalists, not specialists, are primed to excel.
Generalists often find their path late, and they juggle many interests rather than focusing on one. They’re also more creative, more agile, and able to make connections their more specialized peers can’t see.
Range makes a compelling case for actively cultivating inefficiency. Failing a test is the best way to learn. Frequent quitters end up with the most fulfilling careers. The most impactful inventors cross domains rather than deepening their knowledge in a single area.
As experts silo themselves further while computers master more of the skills once reserved for highly focused humans, people who think broadly and embrace diverse experiences and perspectives will increasingly thrive.
Having options is a good thing, especially when it comes to your investments. That's what prompted Lauren from New York City to reach out. Should she be contributing to her 403(b) or her Roth IRA? Or should she be using a regular brokerage account?
In this week's Eye On Money, the focus is on the growing number of student loan scams. As many families deal with college financing this summer, the Better Business Bureau reports an increase in fraudulent texts, emails and voicemails about loans. I joined CBS This Morning with what families need to know to avoid these scams.
Our latest guest, Belinda Luscombe, would rather have had her eyes put out than read a book about marriage; they all seemed full of advice that was obvious, useless, or bad. Plus they were boring.
But after covering the relationship beat for Time magazine for ten years, she realized there was a surprisingly upbeat and little-known story to tell about the benefits of staying together for the long haul. Hence her recently released book, Marriageology: The Art and Science of Staying Together.
Casting a witty, candid, and probing eye on the latest behavioral science, Luscombe has written a fresh and persuasive report on the state of our unions, how they’ve changed from those of our parents’ era, and what those changes mean for the happiness of this most intimate and important of our relationships.
In Marriageology Luscombe examines the six major fault lines that can fracture contemporary marriages, also known as the F-words: familiarity, fighting, finances, family, fooling around, and finding help.
She presents facts, debunks myths, and provides a fascinating mix of research, anecdotes, and wisdom from a wide range of approaches, from how properly dividing up chores can result in a better sex life to the benefits of fighting with your spouse to whether or not to tell your partner that you lost $70,000. (The last one is from firsthand experience.)
Marriageology offers simple, actionable, maybe even borderline fun techniques and tips to try, whether the relationship in question is about to conk out or just needs a little grease and an oil change. The best news of all is that sticking together is easier than it looks.
Yet another call from a listener who's being pitched an insurance product as an additional tool for retirement. This time it's Avi in California asking about a LIRP, a life insurance retirement plan. Does he need it?
The summer travel season is officially upon us which means millions of Americans will be hitting the roads and taking to the skies to enjoy their long awaited vacations.
Whether you want to hit the beach, blaze a trail off the beaten path or explore one of the major tourist destinations, there’s a smart way to do it. That’s where Seth Kugel, our latest guest, enters the picture.
Where to go? Where not to go? Drive, train or fly? From Brazil and Prague to India and Italy, we circle the globe with Seth and provide you with useful tips to easily reach your destination, with a few bucks left in your pocket.
For the tight-belted tourist and the first-class flyer, the eager student and the comfort-seeking retiree, Seth Kugel is all about showing how we too can rediscover the joy of discovery.
Is my planner charging me too much in fees? Can I get the same service, or better, for less? Can I do it on my own? These are the questions we get on a weekly basis, with the latest one coming from Troy.
If you live in a big city, it can be easy to forget what it’s like to depend on a car. Urbanites tend to walk, take the subway or bus, ride a bicycle, or hop in a cab to get virtually everywhere.
But I grew up in the suburbs and know the vast majority of you listening to this podcast have a deep, personal relationship with your car. After all, next to your home, your car is one of the biggest assets you’ll purchase in life, which is why you are likely to have a ton of questions that need to be answered.
Where does one turn to learn the best car buying tips?
Mike may have the coolest job in the world. He gets to race, I mean drive, basically every car imaginable around a test track and then write the reviews you read, a dream job for a total car geek.
With almost 30 years under his belt, Mike has the answers to the most-frequently asked car questions:
Buy or lease?
Sedan or SUV?
Do I need to buy the extended warranty?
Which manufacturers should I avoid?We also discussed the reliability of high end vehicles like Mercedes and BMW and what the future holds for autonomous cars. So as you hit the road this summer and fantasize about a new set of wheels, this episode is a must listen before you walk into that dealership.
There's really no reason whatsoever nowadays why you should be paying a lot of money in fees for financial advice. And that's a good thing. It's also a good thing when you get a feeling in your gut that somebody is being a bit of a greedy pig. That's the feeling that Cathy from Pennsylvania recently experienced.