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Millennials are probably right to be scared of the market since they have witnessed some really bad experiences.
Our guest today, Amanda Abella, answers the question, “What would you tell millennials to get them into investing?”
Amanda is a millennial herself. She spends and saves with a “Values-Based Spending” approach to budgeting. Every decision is based on her core value: Freedom. If it doesn’t help her find freedom, she doesn’t spend the money.
She also thinks it is really smart to use credit cards for the points, but they are not for everyone. She talks about all the free flights and trips she gets from using credit cards.
Today’s episode is sponsored by BUZZ Index
Today’s Guest: Amanda Abella
Amanda Abella is a millennial and an author. She wrote Make Money Your Honey to help young adults to make more money and actually keep it.
You can find her blog and podcast at AmandaAbella.com
Book on Amazon: Make Money Your Honey
On Twitter @AmandaAbella
And Instagram AmandaAbella
Today’s Panelists
Doug Goldstein | Rich as a King
Devin Carroll | Big Picture Retirement
Linda P. Jones | Be Wealthy and Smart
Miranda Marquit | Adulting.tv
For a quick bio of each of our show participants, head on over to our panelists’ page.
Send us your questions for a future Listener Letters episode
About our sponsor, BUZZ Index
Ever wonder if there were a way to capitalize on all of that online chatter made by millions of investors on social media? Well, your wait is over, because now advances in Artificial Intelligence and Natural Language Processing technologies are at your fingertips….even if you personally don’t use social media! The BUZZ Index, licensed to an exchange-traded fund and trading under ticker symbol BUZ, provides investors with a portfolio of securities that delivers a basket of large-cap U.S. equities exhibiting the highest degree of positive investor sentiment. No surveys. No guessing. BUZ only tracks what’s volunteered….and of you ARE online….you know that a lot of information is volunteered: millions of posts, comments and blogs are analyzed each month! Here’s how it works:. First, BUZZ targets the most mentioned large-cap U.S. stocks across the Social Media landscape. The more active the conversation, the greater the reliability of the BUZZ.
Each of the most-mentioned stocks is then given an insight score based on BUZZ’s proprietary analytics and the 75 stocks with the most Bullish scores are included in the Index. Each month the BUZZ is tracked to capture the latest Big Data driven insights and then the 75 companies with the most Bullish scores are selected, positioning BUZZ to capture the highest return potential.
Invest in the wisdom of crowds. Visit MoneyTreePodcast.com/BUZZ for more information.