Financial Scams, Pyramid Schemes, And The Dangers Of Influencers: A Special TFC

[@CS-sj9sp]

Protect Ryan Houlihan at all costs. Literally such a joy. So insightful, so well-spoken, so spot on. Also hilarious.

[@jillatube]

Would really love a TFD episode with a subject matter expert on life insurance, focusing on the differences and best uses of whole versus term life insurance. What are the various financial/life situations that would make each type of life insurance beneficial to a person? What 'fine print' should one look out for in shopping for a policy? Are there recommendations for best policy providers? I know that TFD would turn out a great episode on this subject!

[@Justkelseyagain]

TFD did a video “Do This not That” with this topic in it. Although not a specific deep dive, it does cover some of the basics. If the link doesn’t work, search “Insurance” under the TFD search bar. 😘 kzbin.info/www/bejne/d3q5o3aVfredatU

[@sabrinadoesmagic]

It’s coming this season… on TGTBT 👀

[@terralia644]

My Actuarial Science Professor (the guy to teach us about insurance math) told us that any Actuary who bought whole life should lose their designation. That I think tells you all you need to know.

[@retrojay86]

@@terralia644 why does he say that about whole life i wonder?

[@DaringDanielletravels]

@@sabrinadoesmagic can you include the cult of infinite banking????

[@lowwastehighmelanin]

You know what would be a dope thing because I get tons of questions about this at work: HSA/HRA/FSA and how to make good use of those. I know a LOT of people don't understand the potential value of them. I spend a lot of time at my job trying to get customers to understand the potential opportunities they're missing not using them properly or at all if they have those.

[@katemariemc]

lmfaooooo I know yall don't control this but Dave Ramsey being an ad before this video about his debt free screams is pure comedy

[@llkoolbean4935]

Great point about these scams being infinite. They're always moving the goal post. Thank you for this.

[@d14551]

Great to see Julia and Ryan on TFD!

[@AlexHider]

Hey mod team, almost every video someone is commenting a totally real and not staged thread promoting Lissett Daniela Weinmann or whatever her name is, I don’t think your comment section should be a free advertising platform for a WhatsApp financial advisor who promises sky high returns. So in the spirit of this episode, maybe set up a comment filter for her name? :D

[@lowwastehighmelanin]

They're bots, friend. It's an issue across the platform. Chelsea's mentioned it before. They know. KZbin refuses to do anything about it

[@AlexHider]

@@lowwastehighmelanin well yes, hence why I proposed a comment filter, not a letter to Susan. It’s a local solution.

[@forresthsu582]

@@lowwastehighmelanin I don't think KZbin gives TFD that sort of power to blanket ban words in the comment section?

[@MichiruEll]

@@forresthsu582 You absolutely can blanket ban words in comment sections. Or more so it flags the comment for review. The comment will not be visible unless a mod approves it. A lot of minority creators use this tool to protect themselves and their audiences.

[@shinstantramen5169]

@@forresthsu582 It's possible for them to do. Smaller youtuber have the power to filter out key words that makes the entire comment invisible to other viewers. For a channel that is almost at 1M, they should be able to do it.

[@gabzi27]

Hi TFD, The hoops it felt I had to go through to get to the link to be able to sign up for budgeting with an unpredictable income was a bit much. I work multiple part time jobs some of which are done based on the season, when people are visiting and vacationing in my area and depending on the month my income can vary widely and the workshop for budgeting with an unpredictable income would help me greatly. Technically I am not freelance. So I don't qualify to sign up for Noumena. It's more than just the people that qualify for Noumena that could really use this workshop.

[@ashassassin]

I can't wait for Rachel Hollis episode. I read her "girl, wash your face" book and was dumbfounded when it turned out to be her bragging about her life instead of giving habit forming tips, which is what i thought it'd he about based on what others said, and the title. It was so strange and self centered and didn't have any practical tips that I could relate to my own life. I'm not surprised she had a scandal and I want to hear that tea ☕

[@chidenisee]

The mom thing hit hard. Now that I am a mom, i wanted to stay home the first 3 years but people are still stressing me over getting a side hustle or going back to work full time but I have to make sure I raise my son by myself. It has become a bit much.

[@kiterafrey]

I totally get the payday loan one. CoVid tanked my life. We were finally able to move but just after got CoVid ourselves & couldn’t work after all PTO went to moving & got it during hurricane Ian. We had to use multiple payday loan apps just to survive now I’m caught in a cycle where I’ll be paying them off but having to then use them to even have money. It’s gonna take time to dig myself out. But starving on a street with CoVid in a flood city wasn’t an option either. And our emergency fund only went so far when we’d just had to recently dip into for a move. I feel like a failure. I feel trapped. I feel like in most spaces I can’t speak out about it.

[@AC-yt4kk]

I am loving this new series! I caught the first two episodes and I am hooked. As I said on an earlier IG post, I was so suprised to hear an interview w Melissa Hogan and i learned a lot about her but more so the evangelical church. I was already aware of DR shenanigans. I truly enjoyed the Rachel Hollis episode as well. She wasn't on my radar but very interesting how her story unfolded. I can't wait to hear more. Also, I love Abbey's videos and perspective, so I can't wait to hear the TFD interview.

[@SteveTheDog115]

been loving the podcast! i listened to the first two on youtube, but pretty excited to let a bit of a backlog grow and binge them on my drive across the state in a month

[@stephaniesharpe1504]

chelsea, what a shock and inspiration to know that you used to use these services and were still able to take yourself out of that rut with proper management of money.

[@kiterafrey]

I remember learning about Whole and Term life insurance when I got my first office job. My Benefits rep spent 30 min explaining them. I ended up not taking either because neither was a good option for me as newly married woman with nothing to protect. But I did make a plan to retirement and afterlife costs.

[@boricuaflamenca]

I just love you guys. You are so nonchalant about all the bs. I love it. Call it like it is, unless you are Dolly Parton, or Cher (I might add). 🙌🏼🙌🏼🙌🏼 Thank you. We need this.

[@Thesupidchannel]

MLM's target Food, Friends, and Finances. I wouldn't doubt if they used the "3 F's method when planning their next moves...

[@kinshasav]

I really enjoyed the conversation. I would like Chelsea and Co. to talk to more BIPOC and how that affects finances.

[@mmorales2201]

Love Julia and Ryan! Enjoying the series here on TFD❤

[@nocturnaldrive9214]

I know someone in MLM. They mentioned that the top earners stay with a MLM company for a few years. Then leave taking their downline with them as they join another MLM company. Add more to the downline. Leave that MLM company for brighter shores. Take those downline with them to those shores. The add to the downline. Rinse and Repeat until they reach their goals.

[@BewareTheLilyOfTheValley]

Or they leave and just found their own MLM's. Most of them were founded by former members. I'd have hoped by now the whole system would've collapsed in on itself but that day may be quite some ways away.

[@diaz9rox]

Maybe if you haven’t covered it already this season you could look into some of the more everyday scams? Like who on earth devises these phone and email scams targeting the elderly and vulnerable? How much do they make and why aren’t regulators stopping it?

[@dj-veine]

"Six personal crisis ago as a nation" 🤣

[@keanutrias3077]

I've been watching TFD and Two Cents for years now but Julia was basically unrecognizable with a red lip, love it

[@erika1935]

Good to see Julia on here, I am not used to seeing her a in a vlog format! Will look forweard to these episodes, thanks! Whole life insurance is the worst, I could not figure out why it felt like sales when it was financial planning until it was too late, eventually got out of it, but lost money. I don't think the friend who referred us to NW Mutual knew better, they ask you for referrals and it is infuriating how many of my friends have gotten caught up in this at various points over the past ten years.

[@elena_a-2023]

Great show! Thank you for all the info. Some of it I had no idea about. I am looking forward to continue to see you guys!

[@georgiatucker1861]

Another excellent broadcast, thanks for taking a deep dive into this topic. Looking forward to Monday's show!

[@skybyte27]

can this be a talk show?? I love you three

[@kaw8473]

I'm a stay at home mom and I've been asked by several people when I'm going back to work. Any childcare in my city costs $15/hr and entry level jobs start at $15/hr so why should I work to break even? My husband makes too much for us to take advantage of subsidies.

[@janellebatta4126]

I’ve become addicted to Too Good to be True.

[@mattng4707]

Very true around 19mins Loneliness Men feel it more we just hide it or not express it as much, however i do think society is pushing in a better direction as we talking and discussing hard subjects even though there allot of weirdness on the way

[@sydneyrios753]

So excited that you’re doing an episode with Abbey Sharp!

[@disgruntledmoderate5331]

Yay, Julia! I love 2 cents (and PBS)!

[@AlexHider]

I love Julia’s accent so much

[@gordonwallin2368]

Cheers from the Pacific West Coast of Canada.

[@linaluna5514]

OMG !!! It’s Julia from two cents 🎉🎉🎉

[@A_Dog_Formerly_Known_As_Cat]

"yeah well you know, some lessons you got to learn on these hard knock streets!" I'm going to need that on a t-shirt my dude, like ASAP!

[@EmilyVandall]

Hi from Charleston! Glad you liked our local train wreck TV show.

[@CordeliaWagner]

I despise Influencers and I have seen enough "Influencer scam exposed" videos to trust anything they say.

[@scarlettr8823]

this + maintenance phase podcast. i loveee

[@kiterafrey]

You also have to be okay if they never leave MLM culture too. It’s a commercial cult. As a child raised in religious cult based on a normal denomination it took rock bottom for me to see it. But there ppl who will never see it. My mom passed last year still deeply in her cult beliefs. She’d hit many a rock bottom. Not everyone will come out & you have to find a way to live at peace with that in if it means being less involved or setting boundaries even if you know boundaries will make them angry & cause them to cut you off.

[@Pippa87]

I love TFD but I am British. Does anyone know any good Channels with UK based advice- everything I’ve found so far seems to be based around “buy property to get rich.” 😐

[@chiznslavi]

Check out Mama Furfur here on KZbin.

[@maryt8600]

I'm hoping they do the 101 investing class from a UK point of view since they did the Canadian version. 🤔

[@angelflower176]

Very important topic to educate and stop people praying on vulnerable and lonely people. Please continue the topic with further videos ! What about all these 20 year olds making money on cryptocurrency or NFTs, is this actually true?

[@annwilliams6438]

No. And don’t fall for those in the comments. ;)

[@hiimchuckiewannaplay]

Signed up for the budgeting class - very excited about it, as well as the new series Too Good To Be True! Thanks for all yall do at TFD/TFC- I'm really enjoying this episode

[@danicamargarit6832]

The link doesn't work anymore?

[@lollipoptrees9148]

Can you do an episode on academia and/or how academia is a cult? Grad students are financially hazed.

[@portalomus]

OMG! I love 2 cents! It's one of my favorite KZbin channels! Great collab! :D

[@ljohnson1908]

What happened to office hours? I went to click the link Thursday and it was gone.

[@thefinancialdiet]

You should be able to see them! Try this link: kzbin.info/www/bejne/g2jEomRrhtKimJI

[@ljohnson1908]

@@thefinancialdiet Thank you.

[@whitney1677]

Rachel Hollis duped me so fricken bad. Lol I'm bummed I was so dumb, but happy I woke up eventually. Hustle culture isn't for everyone. I Burnt out after 8 years and am now a different person.....🤷‍♀️

[@skybluskyblueify]

Can you give an "identity vacuum" definition? Does it mean to not know who you are, what you believe, and what your values are? or something else? I tried to Google it and only found long form articles about it with no concise definition [that *my* gskills gave me]. Is it a new phrase/word?

[@Pomagranite167]

I think the sense they are using it on the sens that a person's echo chamber ends up being their whole identity and personality, thus living in an "identity vacuum". Where their entire personhood, thoughts, beliefs, and dreams are informed by whatever is happening in their group, social space, or information source

[@LayZeeChill]

Love your outfits Chelsea

[@JeffreyPia]

Y'all are name dropping, but some of us have no idea who any of these people are

[@MichelleWade1973]

I realize I am stating the obvious, but MLM's sound a lot like Scientology to me.

[@TheJamieRamone]

Or indeed vice-versa!

[@MichelleWade1973]

@@TheJamieRamone Indeed :)

[@ElizabethDohertyThomas]

Loved all this nerdery!

[@inthevault9603]

You had me at Kars for Kids. 😂😂😂❤️

[@paillette2010]

TGTBT is GREAT!!!!

[@penguin_drive]

Thank you for the free resources!

[@dallasdandigitalproduction393]

Great show everyone. Really fun and informative panel.

[@13calde]

I'm a political scientist, and i think this conversation its legit, it is very warm and smart. Props.

[@moreflairbycrystalz2785]

I LOVE too good to be true!

[@nathanbrowne4967]

Better to follow cultural things as where rich in culture and your country

[@TheJamieRamone]

Hey, any one gonna be looking into Edward Bernays in any of the podcasts or vids? TL;DR: he invented marketing as we know it.

[@LilBrownieD]

Excellent content lineup 🔥

[@imberrysandy]

FREE?? Youre too kind to us 💕

[@Audriavbruna]

I recently heard a luxury fashion influencer defend her work from a person's comment who said that the industry she is a part of is superficial and unnecessary. She replied saying that its worth 1.3 trillion dollars and it gives many jobs/keeps people working and drives/helps the economy. I was surprised because it did sound like a good argument. what do you think of this? does this industry actually benefit people and the economy? (asking this question completely ignoring the emotional/mental health issues infleuncer culture creates haha cause that's a whole other issue imo)

[@kabkabkabkab3886]

Thats kind of a flimsy argument in my opinion. Lots of unethical things like puppy mills, the prison industrial complex, or payday loans keeps people working and drives the economy, does that automatically make them ethical?

[@Audriavbruna]

@@kabkabkabkab3886 ahh yes EXACTLY that! Thank you for your reply :) something about the influencers answer didnt sit well with me but I couldnt put a finger on it.

[@MGSpecial2023]

Tried to join the budgeting workshop thru the noumena app, but got an access denied notice. No idea why, but hope that gets sorted before the workshop!

[@scarlettr8823]

is there an RSS feed for the podcast?

[@j.r.4627]

why do people equate rachel hollis with conventional attractiveness?

[@emilyb3875]

Because for her target audience (conservative, middle-class or lower women in their 20’s and 30’s) she is what they want to look like. Thin, blonde but in that fake streaky balayage way, and youngish (she’s always smiling and dewey-skin carefree-looking while having three kids) she’s pretty in this attainable way, like her fans think “oh if I just fix this one thing I could look like her”

[@j.r.4627]

@@emilyb3875 Thank you, that makes a lot of sense

[@gemmagreene362]

“Who are you? What are you doing in my house?” Is EXACTLY what I said to the man who broke in at 2.30am last Monday! Edit: and by “said”, I mean “shouted at the top of my lungs”.

[@jaineas]

Are you safe? Gosh, I'm worried.

[@gemmagreene362]

@@jaineas Thank you, I am well. He was what the police call a “creeper” - they do not want confrontation and try not to wake people if they get in. My dog did not bark (thanks, Ziggy!), but she came and woke me up to “deal with it”. Good delegation skills there.

[@SmarandaC]

I'm giving this feedback with the best possible intention. I think Julia would benefit a lot from some voice coaching to be a podcast host. I just can't deal with the extreme variations in her voice volume and intonation. She's got a wide range to her voice, which is lovely for singing, but I want to be able to listen to a podcast while commuting and not have my ears explode. it's why I simply can't listen to the Too Good To Be True podcast. Also, she speaks so slowly... I just can't. It's a shame.

[@annwilliams6438]

Great content as always. :) Please be aware of the overuse of ‘you know’ and ‘like’.

[@trilliand]

Yeah, no, there’s really enough wars and conflicts in the world to get involved in. Weird point to make.

[@NobelNighthawk274]

that hair color is a choice

[@sabrinadoesmagic]

It is! I made it!

[@inthevault9603]

I’m sorry to say this but both of them have extremely whiny annoying voices. It should be criterion #1 or at least #2 a person’s voice when it comes to a podcast. 😅 but whatever you do you Chelsea.

[@mack_cheesy]

this is my emotional support podcast trio