Beret (Bourree) Lam

speaker
435 appearances 6 recordings 1 series first heard Apr 2020 last heard Jan 2024

Beret (Bourree) Lam’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · The Importance of Interest Rates in Paying Down Your Debt · 14 Jan 2024 podcast
You know, I actually, so this morning I was talking about 401ks and there was this BlackRock study about how if you just rebalanced your 401k last year in these ways, your returns would have been so much better.
But we can't backdate our financial decisions based on the past.
Nobody has a crystal ball.
You can't you can't like backdate things and be like things would have been so much better if I knew this was going to happen.
Work with the information you have.
Know your numbers.
Know what kind of debt you can take on and just like work with the situation based on what you have and what you can afford and what you can stomach.
And we can only make the best decision in the moment.
We can't look back and be like I could have made a better decision.
WSJ Your Money Briefing · Knowing Your Numbers Can Lead You to Financial Freedom · 7 Jan 2024 podcast
What is really important about knowing your numbers is that there's a difference between assuming things are good or bad and being rooted in reality. matched
And a big part of personal finance and a big part of what we talk about in the book is learning about your personal money life. matched
This is part of learning about your relationship with money. matched
What is important? matched
really important about knowing your numbers is that there's a difference between assuming things are good or bad and being rooted in reality. matched
And a big part of personal finance and a big part of what we talk about in the book is learning about your personal money life. matched
This is part of learning about your relationship with money. matched
If you're a person who doesn't matched
Definitely don't do that. matched
I do look at my bank account every day. matched
Yeah. matched
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