In this episode, we’re joined by personal finance expert Jonathan Clements. Jonathan spent over 20 years at The Wall Street Journal as the newspaper’s personal finance columnist, 6 years at CitiGroup as the Director of Financial Educator, and is the author of multiple books on the topic of money. Today, Jonathan shares invaluable wisdom gleaned from his decades of experience as a financial journalist and author. Hear the fascinating story of how his family history and upbringing shaped his lifelong interest in money.
Key Takeaways:
Focus on cultivating financial security, strong relationships and work you love to find lasting happiness, rather than chasing fleeting joy through purchases.
Overcome innate psychological urges like overconfidence and loss aversion by pausing before making financial moves and consulting others.
View your career earnings as your most valuable asset. Funnel a portion of each paycheck into retirement savings to transform your human capital into financial capital.
Invest for the long haul in simple, low-cost index funds. Diversify globally and stay the course amid market ups and downs.
Embrace a long-term perspective not just on money. The decisions you make today impact the quality of your life for decades to come.
Enjoy this conversation with Jonathan Clements!
Check out some of Jonathan’s books here:
Check out Jonathan’s website HumbleDollar
