How Vanguard's website (and roboadvisors) cost America billions of dollars

Published: Sept. 3, 2019, 6 a.m.

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Most people are committing financial sins of omission \\u2014 not doing things because they\\u2019re too complicated. In this episode, see how anything from bad website designs to having too many options can cause financial inertia \\u2014 and how setting up automatic plans can help.

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In today\\u2019s episode, you\'ll find out:

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  • How is Vanguard\\u2019s website design costing people money
  • Why people use robo-advisers instead of companies like Vanguard
  • Why developing the habit of investing is important
  • How a \\u201cnudge\\u201d works in finances
  • How student loans could be more simple to deal with
  • What financial sins of omission might you be committing right now
  • How the economy shifting pushed people to start investing
  • Why automatic financial plans are so important
  • How to avoid having complexity cost you money
  • How schools convince people to borrow so much money
  • Examples of people unable to handle so many financial options
  • Is taking time off from Public Service Loan Forgiveness OK?
  • How alternative documentation of income works
  • Why it\\u2019s important to not let student loans dictate your life
  • Refinancing rates are lower than they\\u2019ve been in a long time
  • Why you should book a student loan consultation now
  • Why you should apply for the Student Loan Planner scholarship

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Full show notes at: http://studentloanplanner.com/40

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