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How Money Matters came to be, when an inheritance might be bad for the kids, and what to do with massive student loan debt.
Episode 54
Published 8 years, 10 months ago
Description
Scott and Pat open the show with a recap about how Hanson McClain’s Money Matters came to be. That is followed by a trio of callers, including a person who is worried about leaving too much money to her children. Our second caller is a devoted, career teacher still carrying a heavy student loan debt load. Next, a caller from the Midwest has accrued $1.6 million, has a pension and a dairy farm, but needs some specific financial advice. Lastly, special guest Hersh Shefrin, PhD., joins the program to discuss the 2008 financial collapse and behavioral finance.