Why Personal Finance and Investing Are So Difficult
00:00:00.000 | "Why do you think that personal finance and investing
00:00:03.000 | "are just so hard for so many people?"
00:00:04.960 | - It is a very complex topic,
00:00:07.040 | and it is filled with mountains of data,
00:00:09.720 | but more important, mountains of emotions.
00:00:12.400 | And I think that everybody
00:00:13.560 | has their own unique experience with money.
00:00:16.640 | We grow up in different types of environments.
00:00:18.540 | We grow with different types of parents
00:00:21.040 | and different types of role models to look to.
00:00:23.160 | And as a big part of that, historically,
00:00:25.840 | money, personal finance, and investing,
00:00:27.640 | they haven't been subjects that have ever
00:00:30.160 | been taught in school.
00:00:31.600 | A lot of schools have basically said,
00:00:32.900 | "You're gonna learn this from your parents,
00:00:34.380 | "and you're gonna learn this from outside of the classroom."
00:00:37.920 | So because of that,
00:00:39.000 | and because it's such an important topic
00:00:40.680 | that is emotionally charged,
00:00:42.160 | I think it is a very easy topic
00:00:44.120 | to have a lot of different opinions on.