Zac Bissonnette, author of the incredible book Debt Free U, talks about his newest release “How To Be Richer, Smarter, and Better Looking Than Your Parents“.
He wrote the book with one simple question in mind
What should young people do with their money in order to have the best possible life today and for the rest of their life?
Zac shares his experiences and what he learned from the incredible amount of behavioral and statistical studies quoted throughout the book. For example:
- It is more important to be satisfied with your choice of career than annual salary.
- The more TV you watch, the fatter, poorer, and stupider you get.
- When paying with a credit card people tend to buy food that are less-healthy.
- On average, people who receive $25 in cash back rewards spend $79 more a month and increase their debt by $191 in 3 months
- Used cars are an excellent value as they do not break down as often as they used to
- An Executive from Morgan-Chase is carrying a credit card made from $15,000 in materials!
Listener questions featured in this episode:
This question Joshua Brown from Brown’s Balanced Life
How much insurance does a single person need?
Jen McDonough from TheIronJen.com asks Zac:
How do you recommend we reach out to younger adults about the subject of money?
Lacey from Donation-Can.com wants to know:
What does the Military offer the college bound?
Feel free to comment below.
Also mentioned in this episode:
Watch my Amazon video-review, or to order “How To Be Richer, Smarter, and Better Looking Than Your Parents” on Kindle or in paperback
The Money Plan SOS Podcast was recommended in Steve Julien’s new book “A Debt Free You”, available in Kindle and paperback on Amazon. Psssst – check out the bottom of page 52.
Thanks for being a listener!