Personal Finance Advice and Politics

January 25, 2007

Checkout the latest edition of the eFIPO podcast over at “Finance and Politics for the new generation”. Jeremie from eFIPO and I got together last night to talk about money and the new government in Washington.

Setting An Example
I applaud Jeremie for his hard work in keeping the younger generation engaged and informed on two topics that often don’t make the top of our list, politics and personal finance. I imagine his advocacy and passion will inspire many a student to think twice before whipping out the credit card or skipping the polls on voting day.

Questions, Questions
Jeremie had two big questions for me. What’s the best piece of financial advice I’ve received in my life and what’s the one change I’d like to see from the new Congress. Things don’t always come out exactly as you have them in your head so after listening to my responses I have some follow up to add.

Why should people listen to what I have to say about money?
I think a key point here is that I’m a good example of how you can get on track to financial success by simply sticking to the basics. Money doesn’t have to be complicated. If you follow the core principles of personal finance, over time you’ll build wealth and learn more about the ins and outs of money in your life. That’s what I’ve done and so far it’s worked out for my family. Of course another part of this is getting started early, the importance of which I discuss in the podcast.

Money Smart Life
Towards the end of the conversation, Jeremie asked to talk a little about this site. I think botched the opportunity to communicate the key components of Money Smart Life. I rambled on without much direction; I guess I need to work on my elevator speech for the site. I may have been better off just referring people to my About page. All in all, my first podcast was a fun experience and I thank Jeremie for letting me participate!

Ben

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Ben

Ben Edwards, the founder of Money Smart Life, saved up enough to buy a Nintendo back when he was 12 years old. When he used the money to buy shares of Wal-Mart stock instead, he knew he wasn’t like the other kids… His addiction to personal finance has paid off for his family and now he’s helping you to afford the life that you want. Check him out on the web at Google Plus, Twitter and Facebook.


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