Kevin McAllister
speaker
96 appearances
3 recordings
1 series
first heard Feb 2019
last heard Jul 2019
Kevin McAllister’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
Well, yeah, and I think that that's exactly the observation that I was trying to make is that there's a real difference and a disconnect between the tools that give us so much hands-on experience with our money and the way that it used to be as well and figuring out why people feel less in touch with their money than they may have in previous generations or in years past.
Yeah.
And what I was trying to get at is that not caring too much about every single transaction that you make is really a luxury.
And it's the source of a lot of anxiety.
And in the past, people...
you know, have had to deal with that in multiple different steps, either at the cash register, when they get a bill in the mail, when they write a check to actually pay that.
And what we've been able to do is automate that financial anxiety away, which is a real luxury.
But in that same capacity, we have set ourselves up for a system that doesn't have the same financial literacy safety net that we may have seen before.
Well, I think it's, you know, as with anything, figuring out whether or not you can afford something, figuring out whether or not the money would be better spent or allocated in some other way.
It's very easy now to swipe a credit card to forget about the purchase and then move on.
And you don't have to confront your spending if you don't want to.
And it's, you know, like I said before, it's a real luxury.
It's something that only a certain subset of people previously had.
And now it's really been made available to everyone because of things like auto pay and things, you know, like bill pay systems that most people I know have set up.
Yeah, well, that's what one of the financial professionals that I talked to had warned about and said, you know, smart spending and being smart with your money is a muscle like anything else.
And when you don't use it, when you don't really think about everything that you're doing, you risk having that atrophy.
And so I think that that muscle memory that used to happen where you would be sitting down, taking actual time, doing a physical thing that marked spending is
was really good in the connection of spending and paying.
And right now, I think that there's a spending element to it when you swipe a card, when you get a bill, but the actual paying is where the disconnect is really manifesting itself.
Yeah, sure.
Showing 41–60 of 96 · page 3 of 5
← Previous
Next →