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NGPF Podcast

Apr 2, 2022

Michelle Singletary just shared insights from her 25 years writing the Color of Money column in the Washington Post so we thought it would be a great idea to repost the podcast. Here are a few excerpts from her latest column

  • Power of marketing: "I no longer underestimate the power of marketing, which conditions Americans to be consumers. Masterful marketing campaigns encourage overspending and the accumulation of debt."
  • Attitude toward debt: “In theory, certain loans make sense. Without mortgages, most Americans couldn’t afford to purchase a home, which for many households ends up being their biggest asset. I recognize that business loans have helped people follow their passions and create small businesses. But what we need in America is not more cheerleading of debt but more caution.”