Financial Lies That Are Going VIRAL (Money Guy vs. The Internet)

It’s Money Guy vs. the internet! We wanted to debunk the top 5 financial lies that we see over and over again in reels, in articles, and X feeds to help you understand what’s real, what’s fake, and how to do money better.

Research and resources from this episode:

• Six Reasons Your 401(k) is a Scam
• 401(k) Fees: Everything You Need to Know
• Self-made millionaire: Don’t put money in your 401(k)
• One-Third of American Workers Are Leaving Free Money on the Table
• Retirement Account Statistics: 2023
• Side hustle statistics: Everything to know about side hustles
• 20 Creator Economy Statistics That Will Blow You Away in 2023
• 13 Top Etsy Statistics For 2023 (Revenue, Market Share, And More)
• How Much Does It Cost to Open a Laundromat?
• 23 passive income ideas to help you make money in 2023
• How Much Income Do You Need to Be Rich? [2022 Latest Data]
• Say goodbye to retirement? A ‘soft saving’ trend is emerging among young people
• Some HENRYs are saving too much for retirement — and it may backfire
• Opinion: The moment I realized we’re saving too much for retirement
• Nearly half of American households have no retirement savings

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