How Food Delivery Charges Are Sending Americans Into Debt (#256)

Financial Advisors Say The Darndest Things by A.B. Ridgeway

Episode notes

Episode Summary: In this episode of "Financial Advisors Say the Darndest Things," we follow a man who compared the prices of ONE meal ordered 3 different ways. 1) Through a delivery service 2) Getting it himself and 3) Going to the store and making it himself. The host AB Ridgeway delves into the issue of Americans living paycheck to paycheck. He highlights the impact of inflation, high food costs, and the looming threat of layoffs on individuals' financial stability. Through a detailed comparison, Ridgeway explores the hidden costs of convenience, particularly in the context of food delivery services, and emphasizes the importance of reevaluating spending habits to achieve financial security.

Key Takeaways:

  1. Hidden Costs of Convenience: Ridgeway unpacks the concept of convenienc ... 
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Keywords
americans fear recessionamericans are suffering inflationthe buy now and pay later craze is going to place a lot of americans in debtamericans are spending money they dont haveamericans hit 1 trillion in debttipping best practicesTippingfood delivery chargesconvenient feesfees and charges