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9191 total appearances

Appearances Over Time

Podcast Appearances

The Charlie Kirk Show
My Town Hall Conversation With TPUSA Students and Treasury Secretary Bessent

So we have a plan to bring down the government debt and also to make the U.S. energy independent and keep energy prices low.

The Charlie Kirk Show
My Town Hall Conversation With TPUSA Students and Treasury Secretary Bessent

Another good question, and I'm going to give you an answer that I think is not obvious. Everyone wants to be a great investor, and that's super helpful in terms of how you manage your assets. But the other way, and Charlie alluded to it earlier, is how do you manage your personal assets? Balance sheet, how do you manage your personal finances, and how aware are you of your risk tolerance?

The Charlie Kirk Show
My Town Hall Conversation With TPUSA Students and Treasury Secretary Bessent

Another good question, and I'm going to give you an answer that I think is not obvious. Everyone wants to be a great investor, and that's super helpful in terms of how you manage your assets. But the other way, and Charlie alluded to it earlier, is how do you manage your personal assets? Balance sheet, how do you manage your personal finances, and how aware are you of your risk tolerance?

The Charlie Kirk Show
My Town Hall Conversation With TPUSA Students and Treasury Secretary Bessent

And a good thing about being a young person is you should have more risk tolerance. There used to be, and I'm not... a proponent of this, but there used to be a very easy rule of thumb. You took 100, subtracted your age, and then that's the percent of your net worth that should be allocated to equities.

The Charlie Kirk Show
My Town Hall Conversation With TPUSA Students and Treasury Secretary Bessent

And a good thing about being a young person is you should have more risk tolerance. There used to be, and I'm not... a proponent of this, but there used to be a very easy rule of thumb. You took 100, subtracted your age, and then that's the percent of your net worth that should be allocated to equities.

The Charlie Kirk Show
My Town Hall Conversation With TPUSA Students and Treasury Secretary Bessent

And then over time, as you got closer to retirement, you'd have more fixed income, fewer equities. But one thing that I would really tell everyone to think about is personal tax planning. There's so many things that you can do. that in terms of do you want to live in a low tax state? Do you want to live in a high tax state? The savings plans, when do you want to start?

The Charlie Kirk Show
My Town Hall Conversation With TPUSA Students and Treasury Secretary Bessent

And then over time, as you got closer to retirement, you'd have more fixed income, fewer equities. But one thing that I would really tell everyone to think about is personal tax planning. There's so many things that you can do. that in terms of do you want to live in a low tax state? Do you want to live in a high tax state? The savings plans, when do you want to start?

The Charlie Kirk Show
My Town Hall Conversation With TPUSA Students and Treasury Secretary Bessent

When are you able to start putting money away, even if it's $100 a month? Makes a big difference. And I would echo what Charlie says, is we want to have stakeholders in the system. You want everybody to be part of the system. And you also want people to believe in the system. You want to be smart about everything. Your insurance, is it a good idea when you're very young?

The Charlie Kirk Show
My Town Hall Conversation With TPUSA Students and Treasury Secretary Bessent

When are you able to start putting money away, even if it's $100 a month? Makes a big difference. And I would echo what Charlie says, is we want to have stakeholders in the system. You want everybody to be part of the system. And you also want people to believe in the system. You want to be smart about everything. Your insurance, is it a good idea when you're very young?

The Charlie Kirk Show
My Town Hall Conversation With TPUSA Students and Treasury Secretary Bessent

You can buy very cheap life insurance. That's a great tax advantage savings product over your life. Where do you keep your money? You want your money to be in a safe and sound bank, but many people get very lazy. And if you have a money market account and a checking account, money market accounts probably going to pay a lot more. It can be a little bit of a pain every week or every month.

The Charlie Kirk Show
My Town Hall Conversation With TPUSA Students and Treasury Secretary Bessent

You can buy very cheap life insurance. That's a great tax advantage savings product over your life. Where do you keep your money? You want your money to be in a safe and sound bank, but many people get very lazy. And if you have a money market account and a checking account, money market accounts probably going to pay a lot more. It can be a little bit of a pain every week or every month.

The Charlie Kirk Show
My Town Hall Conversation With TPUSA Students and Treasury Secretary Bessent

But keep the money in the high-earning account and then just move it over to checking or debit as you need it. And the main thing, too, is just when you're young, don't get over your head in debt. College of Charleston... where I live has a great program for kids. I'm sure all of you have seen freshman year, American Express, all the other credit card companies are out on campus.

The Charlie Kirk Show
My Town Hall Conversation With TPUSA Students and Treasury Secretary Bessent

But keep the money in the high-earning account and then just move it over to checking or debit as you need it. And the main thing, too, is just when you're young, don't get over your head in debt. College of Charleston... where I live has a great program for kids. I'm sure all of you have seen freshman year, American Express, all the other credit card companies are out on campus.

The Charlie Kirk Show
My Town Hall Conversation With TPUSA Students and Treasury Secretary Bessent

They're here, sign up. This is going to be great. And before you know it, You're into the semester, you're two semesters, you're over your head in debt, you're having trouble making ends meet, maybe have to drop out of school for a while, get a job, your grades go down. So as Charlie said, having smart debt and normally credit card debt is not smart debt.

The Charlie Kirk Show
My Town Hall Conversation With TPUSA Students and Treasury Secretary Bessent

They're here, sign up. This is going to be great. And before you know it, You're into the semester, you're two semesters, you're over your head in debt, you're having trouble making ends meet, maybe have to drop out of school for a while, get a job, your grades go down. So as Charlie said, having smart debt and normally credit card debt is not smart debt.

The Charlie Kirk Show
My Town Hall Conversation With TPUSA Students and Treasury Secretary Bessent

So, Nick, good questions. I'll work backwards there. We are not at risk of losing it now. I think if we continued with the Biden administration's reckless policies, there's a chance that we might. I don't believe we are.

The Charlie Kirk Show
My Town Hall Conversation With TPUSA Students and Treasury Secretary Bessent

So, Nick, good questions. I'll work backwards there. We are not at risk of losing it now. I think if we continued with the Biden administration's reckless policies, there's a chance that we might. I don't believe we are.

The Charlie Kirk Show
My Town Hall Conversation With TPUSA Students and Treasury Secretary Bessent

What President Trump has instructed me to do is to put in great economic policies that makes the United States the best place to invest, the best place to compound your capital, best place for innovation, best place for upward social mobility, wealth accumulation, to be able to keep more of what you make. but a very attractive destination for foreigners to bring in their money.

The Charlie Kirk Show
My Town Hall Conversation With TPUSA Students and Treasury Secretary Bessent

What President Trump has instructed me to do is to put in great economic policies that makes the United States the best place to invest, the best place to compound your capital, best place for innovation, best place for upward social mobility, wealth accumulation, to be able to keep more of what you make. but a very attractive destination for foreigners to bring in their money.

The Charlie Kirk Show
My Town Hall Conversation With TPUSA Students and Treasury Secretary Bessent

Because we take the stability that we have here for granted. We take the fact that our markets are free and fair. Around the world, it's not like that. Argentina...