We continue our series about analyzing the gurus! We’ll be spending time discussing several big personal finance names, their recommendations, and why we do or do not agree with those. Josh and Amelie discuss Clark Howard, his philosophy on saving and spending.
Top takeaways:
- Saving small amounts of money may not be worth the time or effort involved.
- DIY may not be the best approach for you.
- Reviews from gurus are not as thorough as other sources (e.g., Consumer Reports).
- As your life becomes more complex, you likely have more complex investing needs.
- An overemphasis on saving money elevates money above your time, relationships, and life experiences.
