How Much Money Is Enough? Plus, Why AI Won’t Replace Financial Advisors — with Jack Raines

Hogging seats on a crowded train, not saying excuse me, watching videos on your phone with no headphones in. Sometimes it feels like we don't know how to act anymore. What we have been seeing, increasingly, is people breaking rules. Why should I play by the rules if nobody else is going to do that for me? This week on Explain It to Me, how to mind your manners.

New episodes Sundays wherever you get your podcasts. Welcome to ProfG on Personal Finance, a special episode where we're joined by Jack Rains, writer of the Young Money newsletter and author of Young Money, a field guide to wealth and purpose in your twenties. Together, we'll discuss whether there's such a thing as enough wealth, how young people should save for a house in a high-cost city, and whether wealth advisors survive AI. Jack, welcome. Happy to be here.

Thanks for having me, Scott. Uh, thanks for being here. Everyone was really excited to have a a young, knowledgeable financial person on. All right, let's bust right into it. Question one.

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