Saving money is important — but it’s not the whole story. In this week’s episode, Lauren and Nick break down the difference between saving and investing, why you can’t save your way to wealth, and how to start investing without feeling overwhelmed. From simple index fund strategies to understanding risk and compounding, this episode is your crash course in making your money work for you.
0:00 – Intro
0:32 – Why saving isn’t enough to build long-term wealth
2:10 – The case for investing and why it’s not as scary as you think
5:25 – Index funds explained (and why they’re beginner-friendly)
9:42 – How diversification lowers risk
13:30 – Compounding interest in plain language
16:05 – How to choose between a 401(k), IRA, or brokerage account
20:45 – Getting started: first steps toward investing
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