We all know the media’s impact on our mindset, and our decision making is huge, but how does it affect our thought process when making financial decisions? It’s important to remember that a large part of the media’s job is to entertain. It’s not always about getting you all the facts but more often keeping you engaged long enough for you to see the advertising or the commercials. Not surprisingly, people turn to important people in their lives for advice, Doctors, Lawyers, friends, and family. If we look at the data on who people most often get alternative financial advice from, the results are surprising, but do you ask a teacher about your broken arm? We take a look into this not so uncommon idea of Financial Pornography. This and more today on ThinkSmart!
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