The Money Machinery Someone Else Built for You

Podcast: Money Lessons with Andrew Temte, PhD, CFA · Andrew Temte

Opublikowano: 2026-08-29

In this episode of Money Lessons, Andy turns from the money machinery listeners build themselves to the machinery that gets installed before they arrive. He starts with the default — what happens if you do nothing — and shows how much of a household's money moves according to settings that somebody at a company chose in advance. The workplace retirement plan serves as the rare example of a default that works in the saver's favor, along with a caution that plenty of employers are still exempt from it. From there he takes up friction, the effort...