One of the most major gripes with the Un-broke was the insistence on purchasing individual stocks with no mention of less risky investments like mutual funds or index funds:
- @moneyrelation: not liking all the talk on INDIVIDUAL stocks
- @MMarquit: Too corny and not too damaging (but too much emphasis on individual stocks). But maybe it will get ppl thinking
- @moneyrelation: PLEASE DON'T BUY INDIVIDUAL STOCKS! I bet they are recommending that so you go out and buy Disney!
Christian Slater and Rosario Dawson explaining 401(k)s also appeared to be lacking substantial information:
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- @MyLifeROI: The format shows how the American public is... Christian [Slater] has to show his abs for the public to listen to 401k advice
- @Matt_SF: Are we really this dumb? Do we need movie stars as eye candy to learn about personal finance & investing?
- @Nicolosa: What about mentioning IRAs?
Others' pieces, such as the Mellody Hobson advice on college savings for your kids vs. retirement savings and the e*Trade babies segment had a much better reception:
- @stephonee: Oxygen mask metaphor for college vs. retirement savings is very smart. Secure your own mask first!
- @MMarquit: I never get tired of those E*Trade Babies!
And it seemed like the program ended on a high note:
- @mainstr: Sam Jackson driving the point home with some tough talk, parodying this famous scene from "Network"
- @MMarquit: "I am broke as hell and I am not going to take it anymore" - Samuel L. Jackson
- @Nicolosa: Ah! Finally my favorite piece of advice - take personal responsibility!
- @JeremyVoh: Un-broke may be obvious for those of us who talk about finance every day, but the public needs to hear the message
- @MyLifeROI: I love Samuel L Jackson! And I think he made a really powerful call to action!
- @Green_Panda: ABC: Make Un-broke a mini series. One topic per episode.
- @evergreenminty: watching [Un-broke] for super simplified financial advice from celebrities (and Christian's abs apparently), well intentioned but flawed
- @Nicolosa: A little light on info, but hopefully got people talking
- @MMarquit: The real question is this: Will we as a society actually CHANGE our financial habits? I'm not sure [Un-broke] will accomplish that...
Unfortuntely for those who missed the special, ABC has not posted the full special online yet. However, the Free From Broke blog has a great write-up detailing each segment from the show.
Thanks to all who participated and joined the conversation. If you watched, post your thoughts to the comments section.
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Q&A: The Mind Behind ABC's Unbroke Special
Un-Broke: Can the Stars Solve Your Money Problems?
Are You in Denial About Your Money Matters?
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