Episode 6: Living Like the Smiths to Keep Up with the Joneses

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Retire Y'all Podcast

Business


There are a lot of people living what looks like a “picture perfect” life on the outside: Nice cars, nice house, trips with no expense spared. But do you know what the financial health of your neighbors really looks like? You’d be surprised. The majority of people are mortgaged to the hilt, have no financial liquidity, and might even have a negative net worth. In this episode, Adam takes some punches at those who are living like the Smiths to keep up with the Joneses.