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Join Stoy Hall as he discusses the psychology behind money and finance with Romy Pickron, the CEO of Asset Achievers and Reducify. In this episode, they discuss the concerns of millennials and first-generation wealth builders about their 401ks and retirement accounts due to the possible upcoming recession and inflation. Romy emphasizes the importance of continuing to contribute to a 401k even during a down market and taking advantage of the volatility. Stoy also shares the significance of financial education and the money mindset in building and keeping wealth. Romy explains some of the points she tries to drive home to her clients such as dollar averaging, diversification, and the long-term benefits of investing. Tune in to this episode to learn more about the mindset behind building wealth and achieving financial freedom.

The discussion then focuses on student loans and the issues within our educational system. Romy is an advocate for student loan forgiveness and cancellation, and they are currently waiting for a big date, February 28th, when the Supreme Court will hear the case on student loan forgiveness. Romy believes that the Biden administration has done a good job being progressive on this issue, and they hope to celebrate student loan forgiveness and cancellation up to $20,000 in federal student loans. However, the topic of student loan cancellation and forgiveness is controversial, and Stoy and Romy discuss both sides of the argument.

Check Her out! https://assetachievers.com/

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DISCLOSURE: Awards and rankings by third parties are not indicative of future performance or client investment success. Past performance does not guarantee future results. All investment strategies carry profit/loss potential and cannot eliminate investment risks. Information discussed may not reflect current positions/recommendations. While believed accurate, Black Mammoth does not guarantee information accuracy. This broadcast is not a solicitation for securities transactions or personalized investment advice. Tax/estate planning information is general - consult professionals for specific situations. Full disclosures at www.blackmammoth.com.