FYI: Peter Lynch once said, “People spend more time and effort to buy the right refrigerator than they do to buy the right funds.”
It does seem kind of crazy that some people will spend four hours reading Yelp reviews looking for the perfect restaurant where they’ll spend $60 but put $20,000 to work in a stock based on a 30-second pitch from someone on financial television.
The Ascent did a deep dive on the America Time Use Survey from the Bureau of Labor Statistics to figure out how much time people spend on their personal finances versus a bunch of other typical activities:
Regards,
Ted
https://awealthofcommonsense.com/2019/10/how-much-time-should-you-spend-on-your-finances/
