28 min listen
562: Rachel Schneider, Co-Author of The Financial Diaries
562: Rachel Schneider, Co-Author of The Financial Diaries
ratings:
Length:
36 minutes
Released:
Apr 19, 2017
Format:
Podcast episode
Description
What happens when you have no savings and you suddenly incur a huge expense like a medical bill or car repair. What happens if you have a job in retail and your weekly paycheck fluctuates while your monthly bills remain steady. The topic today is financial fragility and to explore I’ve invited Rachel Schneider, the co-author of the new book, The Financial Diaries: How American Families Cope in a World of Uncertainty. In her book she and her co-author take a deep dive into how 235 low and middle-income families in the U.S. spend, earn and save over the course of a year. How do they deal with inconsistent paychecks, emergency costs and other financial ups and downs?Some more about Rachel: She's the Senior Vice President at Center for Financial Services Innovation or CFSI. She's an expert on financial health and how an innovative financial services marketplace can improve the live for Americans. She is also the co-Principal Investigator on the U.S. Financial Diaries research study that is the basis of her new book. Rachel’s began her career as an investment banker at Merrill Lynch.For more information visit www.somoneypodcast.com.
Released:
Apr 19, 2017
Format:
Podcast episode
Titles in the series (100)
8: Robert Kiyosaki and Getting a "Second Chance": Rich Dad Poor Dad Author Robert Kiyosaki talks about his new book Second Chance. by So Money with Farnoosh Torabi