Welcome to the Investing for Beginners podcast. In today’s show, we chat with Andrew Schrage, CEO and co-owner of Money Crashers:
- How Andrew started Money Crashes and how his “side hustles” grew to become the business it is today.
- How Money Crashers focused on people without much financial background and how they targeted content to help those people.
- The biggest challenges he sees out there, helping people save more money, and understanding credit cards and how they work.
- How Andrew describes compound interest and the impact of paying off debt
- What Andrew thinks of BNPL (Buy Now Pay Later)
- Andrew’s thoughts on creating discipline with your money
- How to look at growing income, side hustle, or reducing expenses and which will work best for people
- What does he think is the biggest hangup preventing people from starting investing?
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You can find the transcript of today’s show below:
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