During this pandemic, I decided to go on video live in front of an audience to talk to people and check in. I am also talking to other people to share how they are coping. You can be a part of the show Monday-Friday 8pm EST by following me on Periscope, Facebook or Youtube. If you enjoy the content and want to support me via https://www.patreon.com/CelesteTheTherapist
We are joined by Sean LeDree who is the Ceo and founder of Loop Investing. Loop investing is an agency started to help consumers become savers, savers become investors, and investors become lenders. We believe financial capability = financial education + financial opportunity.Follow Loop Investing on Facebook, Instagram and Twitter
You can email him sean@loopinvesting.com
In today’s episode we discuss:
- We start off by learning about some of Sean's upbringing in Chicago and the lack of education around investments and financial literacy.
-- The knowing vs executing. We learn how we can learn about investing and learn some simple steps we can do to take action steps.
- Stigmatism of lack of financial knowledge - When we struggle with our teeth we go to a dentist but when we struggle with finances we will not turn to a financial advisor.
-Practical things to do in this environment - Helpful resources for any level1. Learning to Budget ( What are your wants, what are your needs and paying back yourself.2. Have an idea on how much we should start saving now
-We learn the difference between investing and savings
Importance of having a goal is aspirational and gives us something to look forward to.
He mentioned https://www.investopedia.com/ - free services for educating yourself.
