Two Cents

Thank you to Morning Brew for supporting PBS. To learn more head over to http://cen.yt/mbtwocents Check out an episode of Overview on the Terra channel: https://youtu.be/hjez0W8SPXc SUPPORT us on PATREON: https://www.patreon.com/twocentspbsds SUBSCRIBE to Two Cents! https://goo.gl/jQ857H Is there a way to strengthen your portfolio without being a "part of the problem"? Actually, there is! sources: https://www.investopedia.com/news/history-impact-investing/#:~:text=The%20Methodists%2C%20under%20the%20aegis,in%20slavery%20and%20war%2C%20and https://www.cnbctv18.com/views/who-cares-wins-why-the-integration-of-environment-social-and-governance-factors-is-crucial-for-business-3483701.htm https://www.spglobal.com/en/research-insights/articles/understanding-the-e-in-esg https://www.spglobal.com/en/research-insights/articles/what-is-the-s-in-esg https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/54330232 https://www.investopedia.com/articles/economics/08/protest-divestment-south-africa.asp https://www.sicm.com/docs/who-rates.pdf https://www.thecut.com/2020/10/a-beginners-guide-to-socially-responsible-investing.html https://www.morganstanley.com/ideas/sustainable-investing-competitive-advantages https://www.investmentnews.com/esg-funds-have-never-been-cheaper-as-vanguard-sets-off-fee-war-78631 https://www.nerdwallet.com/article/investing/socially-responsible-investing#:~:text=The%20options%20available%20to%20those,up%20from%20111%20in%202014 Two Cents was created by Katie Graham, Andrew Matthews, Philip Olson CFP® and Julia Lorenz-Olson and is brought to you by PBS Digital Studios. We love dropping some knowledge on all things personal finance and helping you make better money decisions. Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson, AFC® Directors: Katie Graham & Andrew Matthews Written by: Philip Olson, CFP® and Julia Lorenz-Olson, AFC® Executive Producer: Amanda Fox Produced by: Katie Graha

Check out If Cities Could Dance on Voices: https://youtu.be/PEepolx2AdE SUPPORT us on PATREON: https://www.patreon.com/twocentspbsds SUBSCRIBE to Two Cents! https://goo.gl/jQ857H You've probably heard a politician say, "If a household can balance their budget, then the federal government should, too!" But it turns out to be a bit more complicated than that... sources: https://www.investopedia.com/articles/investing/082415/what-are-federal-reserve-chairmans-responsibilities.asp https://www.usa.gov/budget https://datalab.usaspending.gov/americas-finance-guide/ https://www.nytimes.com/2020/04/15/business/coronavirus-stimulus-money.html https://www.investopedia.com/articles/investing/081415/understanding-how-federal-reserve-creates-money.asp https://advocacy.sba.gov/2019/01/30/small-businesses-generate-44-percent-of-u-s-economic-activity/ https://www.investopedia.com/insights/what-does-secretary-treasury-do/#:~:text=The%20Secretary%20of%20the%20Treasury%20acts%20as%20a%20principal%20advisor,printing%20money%2C%20and%20collecting%20taxes. https://www.thebalance.com/us-deficit-by-year-3306306 https://www.statista.com/statistics/268356/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-the-united-states/ https://knowledge.wharton.upenn.edu/article/does-austerity-work-or-does-it-make-things-worse/ https://www.ft.com/content/0940e381-647a-4531-8787-e8c7dafbd885 https://www.thebalance.com/austerity-measures-definition-examples-do-they-work-3306285 https://www.nytimes.com/2020/08/21/business/economy/national-debt-coronavirus-stimulus.html Two Cents was created by Katie Graham, Andrew Matthews, Philip Olson CFP® and Julia Lorenz-Olson and is brought to you by PBS Digital Studios. We love dropping some knowledge on all things personal finance and helping you make better money decisions. Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson, AFC® Directors: Katie Graham & Andrew Matthews Written by: Andrew Matthews Executive

Thank you to NordPass for Supporting PBS. You can go to https://nordpass.com/twocents to learn more. Use code "twocents" at https://nordpass.com/twocents SUPPORT us on PATREON: https://www.patreon.com/twocentspbsds SUBSCRIBE to Two Cents! https://goo.gl/jQ857H For decades, the American Dream of owning a house was denied to certain segments of the population... and we are still living with the effects today. Two Cents was created by Katie Graham, Andrew Matthews, Philip Olson CFP® and Julia Lorenz-Olson and is brought to you by PBS Digital Studios. We love dropping some knowledge on all things personal finance and helping you make better money decisions. sources: https://medium.com/themap/if-you-roll-your-eyes-at-white-privilege-focus-them-on-redlining-b5aa81100360 https://en.wikipedia.org/wiki/Civil_Rights_Act_of_1968 https://www.npr.org/2017/05/03/526655831/a-forgotten-history-of-how-the-u-s-government-segregated-america https://www.npr.org/sections/codeswitch/2017/03/31/522098019/everyone-pays-a-hefty-price-for-segregation-study-says https://www.britannica.com/topic/redlining https://www.smithsonianmag.com/history/how-federal-government-intentionally-racially-segregated-american-cities-180963494/ https://www.federalreserve.gov/econres/notes/feds-notes/disparities-in-wealth-by-race-and-ethnicity-in-the-2019-survey-of-consumer-finances-20200928.htm https://www.mckinsey.com/industries/public-and-social-sector/our-insights/the-economic-impact-of-closing-the-racial-wealth-gap# https://www.brookings.edu/research/devaluation-of-assets-in-black-neighborhoods/' https://depts.washington.edu/civilr/covenants_report.htm Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson, AFC® Directors: Katie Graham & Andrew Matthews Written by: Philip Olson, CFP® and Julia Lorenz-Olson, AFC® Executive Producer: Amanda Fox Produced by: Katie Graham Edited & Animated by: Andrew Matthews Images by: Shutterstock Music by: APM

SUPPORT us on PATREON: https://www.patreon.com/twocentspbsds SUBSCRIBE to Two Cents! https://goo.gl/jQ857H Social media has become such a pervasive part of our lives, we're often not even aware of the ways it pushes us to spend more money. Two Cents was created by Katie Graham, Andrew Matthews, Philip Olson CFP® and Julia Lorenz-Olson and is brought to you by PBS Digital Studios. We love dropping some knowledge on all things personal finance and helping you make better money decisions. sources: https://www.aarp.org/money/budgeting-saving/info-2014/spending-money-on-social-media.html https://www.aarp.org/money/budgeting-saving/info-12-2013/saving-money-with-social-media.html https://www.researchgate.net/publication/256035785_Are_Close_Friends_the_Enemy_Online_Social_Networks_Self-Esteem_and_Self-Control https://www8.gsb.columbia.edu/newsroom/newsn/2243/social-networks-may-inflate-selfesteem-reduce-selfcontrol https://www.newsy.com/stories/social-media-is-influencing-millennial-spending-habits/ https://www.cnbc.com/2018/03/15/social-media-may-make-you-overspend-and-its-not-just-because-of-ads.html https://theconversation.com/sharing-your-shopping-on-social-media-can-damage-your-health-and-your-wallet-100591 https://www.collinscu.org/whats-new/blog-press/how-social-media-is-affecting-your-spending#:~:text=Social%20media%20has%20a%20powerful,if%20you%20are%20not%20careful. https://www.financialaffairs.com.au/news-source/four-ways-social-media-affects-our-spending https://www.entrepreneur.com/article/307747 https://www.adweek.com/digital/fullscreens-research-finds-gen-z-enjoys-branded-content-more-than-Millennials/ https://www.mentalfloss.com/article/63855/why-saturday-morning-cartoons-announced-theyd-be-back-after-these-messages https://www.cosmopolitan.com/uk/reports/a23577731/influencer-rules-instagram-asa/#:~:text=What%20influencers%20have%20to%20say,can%20be%20in%20hashtag%20form. https://prosandcontent.knotch.com/posts/native-advertising-vs-br

Thank you to The Great Courses Plus for supporting PBS. To learn more and to start your trial, visit http://ow.ly/jG9B30rzWjF SUPPORT us on PATREON: https://www.patreon.com/twocentspbsds SUBSCRIBE to Two Cents! https://goo.gl/jQ857H Once upon a time, savings accounts were a decent investment option, but today they rarely keep up with inflation... what happened? sources: https://www.nerdwallet.com/article/banking/checking/history-of-bank-accounts https://www.bankrate.com/banking/cds/historical-cd-interest-rates/ https://www.moneyunder30.com/how-banks-make-money https://www.moneyunder30.com/peer-to-peer-lending-sites-for-borrowers-and-investors https://www.infoplease.com/business/economy/money-market-interest-rates-and-mortgage-rates-1980 Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson, AFC® Directors: Katie Graham & Andrew Matthews Written by: Philip Olson, CFP® and Julia Lorenz-Olson, AFC® Executive Producer: Amanda Fox Produced by: Katie Graham Edited & Animated by: Sara Roma Images by: Shutterstock Music by: APM

Check out Weathered on PBS Terra: https://youtu.be/7YwKAU3hBLg SUPPORT us on PATREON: https://www.patreon.com/twocentspbsds SUBSCRIBE to Two Cents! https://goo.gl/jQ857H Electric cars, solar power, organic food... They may be great for the earth, but what about my pocketbook? sources: https://www.history.com/news/early-environmentalists https://en.wikipedia.org/wiki/Environmentalism#History https://www.nvenergy.com/save-with-powershift/tips-to-save https://www.cbsnews.com/news/buying-green-is-too-pricey-for-the-average-consumer/ https://www.washingtonpost.com/lifestyle/home/why-you-should-switch-to-led-lightbulbs-right-now-before-the-law-requires-it/2018/01/16/c2d915f4-f0a2-11e7-b3bf-ab90a706e175_story.html https://www.energy.gov/eere/femp/energy-cost-calculator-faucets-and-showerheads#output https://www.hgtv.com/design/remodel/bathroom-remodel/low-flow-shower-head-benefits https://www.npr.org/2021/02/01/962946561/general-motors-sets-all-electric-target-for-vehicles-by-2035 https://www.fhwa.dot.gov/ohim/onh00/bar8.htm https://www.fueleconomy.gov/feg/savemoney.jsp https://www.fueleconomy.gov/feg/taxevb.shtml https://time.com/nextadvisor/insurance/car/cheapest-cars-to-insure/ https://www.consumerreports.org/car-repair-maintenance/pay-less-for-vehicle-maintenance-with-an-ev/ https://cars.usnews.com/cars-trucks/car-insurance/low-mileage-car-insurance https://sites.energycenter.org/solar/homeowners/cost https://earth.org/the-biggest-environmental-problems-of-our-lifetime/ Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson, AFC® Directors: Katie Graham & Andrew Matthews Written by: Jon Fortenbury Executive Producer: Amanda Fox Produced by: Katie Graham Edited & Animated by: Sara Roma Images by: Shutterstock Music by: APM