Sports gambling companies rely on complexity to make money. Because complexity enables them to misprice their offerings.
Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, discusses in this episode how complexity also exists in personal finance.
Complex personal finance products, like whole life insurance, work for some people. But only for certain customers and under certain conditions.
With money, simple and straightforward is often the better approach for most people.
Welcome to Financially Well, the finance podcast for Millennials.
