111. Debunking the Worst Money Advice We’ve Ever Heard

August 31, 2023

The following article may contain affiliate links or sponsored content. This doesn't cost you anything, and shopping or using our affiliate partners is a way to support our mission. I will never work with a brand or showcase a product that I don't personally use or believe in.

The following article may contain affiliate links or sponsored content. This doesn’t cost you anything, and shopping or using our affiliate partners is a way to support our mission. I will never work with a brand or showcase a product that I don’t personally use or believe in.

There’s a lot of bad money advice out there…

Bad money advice ranges from everything from misconceptions to all-out lies and misinformation. Whether it’s your parent’s favorite “Financial Guru” using shame and judgment to try and get you to change your spending habits or it’s a finance Chad telling you it’s time to dump all of your life savings into crypto, there are many flavors when it comes to finance myths.

In today’s episode, host Tori Dunlap walks us through some of the most pervasive money myths we’ve come across –– from the morality of credit cards and credit scores to investing advice with your worst interests in mind.

You’ll learn:

  • Why true investing is anything but a gamble when done with the long game in mind

  • Why credit scores do matter (yes, you do need one!)

  • Some of the biggest career myths and why they often disenfranchise women and other minority groups further

More resources:

The Best and Worst Advice for Paying Off Debt

Debt Defeater Course

How Kristen Paid Off $25K in Debt

Tori Dunlap

Tori Dunlap is an internationally-recognized money and career expert. After saving $100,000 at age 25, Tori quit her corporate job in marketing and founded Her First $100K to fight financial inequality by giving women actionable resources to better their money. She has helped over one million women negotiate salary, pay off debt, build savings, and invest.

Tori’s work has been featured on Good Morning America, the New York Times, BBC, TIME, PEOPLE, CNN, New York Magazine, Forbes, CNBC, BuzzFeed, and more.

With a dedicated following of almost 250,000 on Instagram and more than 1.6 million on TikTok —and multiple instances of her story going viral—Tori’s unique take on financial advice has made her the go-to voice for ambitious millennial women. CNBC called Tori “the voice of financial confidence for women.”

An honors graduate of the University of Portland, Tori currently lives in Seattle, where she enjoys eating fried chicken, going to barre classes, and attempting to naturally work John Mulaney bits into conversation.

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