“If I’m So Smart…Where Did All My Money Go?”
November 1, 2010
Hosted by Jordan Goodman
[Download MP3] [itunes] [Bookmark Episode]
Guest Information
Episode Description
Doug Warshauer founder of Kessler Warshauer Ventures, a highly successful private equity investment firm, feels that people who face financial challenges normally suffer from a deep sense of guilt and feel that their problems are their fault. At the same time, most people believe that they have above average intelligence. This creates a dissonance between the belief that they are smart and the reality of their financial problems. Here are the expectations that most families have: they will own two cars, a house, have all the trappings of a successful lifestyle like flat-screen TVs, iPhones, and vacations. At the same time, they need to save money for their kids to go to college and eventually for their retirement. Balancing all these expectations is very tricky. Even people who do a good job at it, who stay out of debt and save well, feel tremendously pressured – they feel like “where did all my money go?” To find out more about Doug and his new book go to www.DougWarshauer.com
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Jordan Goodman
Jordan Goodman has a mission: to help everyone do better with money. Since graduating the Columbia University School of Journalism in 1977, he has spent the past 32 years combing the country to find the very best ways to help consumers make and save money and then sharing these gems with the public. As a staff writer/reporter at MONEY Magazine for 18 years, a weekly commentator on NBC News at Sunrise and Public Radio’s Marketplace Morning Report, and through his 12, soon to be 13 highly respected books, and his website www.moneyanswers.com, he has provided useful, common-sense information to the public. Some of his better-known books include Fast Profits in Hard Times, Everyone’s Money Book, the Dictionary of Finance and Investment Terms and Master Your Money Type. Jordan is a rare combination: someone who possesses not only encyclopedic knowledge about every area of personal finance but also a passion for helping his listeners not only to get educated but to take action to help their dreams become realities.
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