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Podcast: Retirement Quick Tips with Ashley
Episode: Where Did All My Money Go?
Description: This week on the Retirement Quick Tips podcast, I'm talking about why most Americans never reach financial independence and become wealthy. So far this week, I've talked about the typical path that many Americans take that set them up for failure when it comes to reaching financial independence: Taking on student loan debt (average repayment = $500+ a month for 10+ years) Buying a car (2nd highest expense for young people behind housing. Average monthly car payment for Gen Z today = $577). For many, it's not unusual to carry car payments of $1000 or more. Average cr...