Uploaded June 2026 | Updated September 2026, 2 weeks ago
Subscribe to My New Clips Channel youtube.com/@MichaelBordenaroClips
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Need a Real Estate Agent You Can Trust? Get one for FREE: homeandmoney.com/michael
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Follow Me on Instagram: instagram.com/michaelbordenaro
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My Filming and Editing Equipment
michaelbordenaro.com/my-youtube-gear
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Save Money on Property Taxes FOREVER!
Ownwell.com/michaelbordenaro
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Get Cash Back on ALL your Internet Purchases!
rakuten.com/r/NIRVPL2?eeid=28187
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My Microphone (Lot of People Have Asked)
amzn.to/3Mhs2oz
Articles Mentioned in the Video
tiaa.org/content/dam/tiaa/institute/pdf/insights-report/2026-05/tiaa-gflec-financial-literacy-report-lusardi-yakoboski-sticha-mastry-may-2026.pdf
https://apple.news/ALH1bm2oaS1yBB22wjNOiUg
cnbc.com/select/americans-not-using-high-yield-savings-accounts/#where-people-keep-their-money
https://apple.news/AOas2jNbXRFmLBwRyPW_0RA
00:00 - Shocking Financial Literacy Facts
01:34 - Missing 10 Years of Learning Opportunities
02:56 - The Foundation of Financial Thinking
03:15 - Why Most People Fail to Understand Risk
04:47 - The SpaceX IPO and Unnecessary Risks
05:25 - Financial Literacy Quiz: Can You Pass?
08:08 - The Education System is Failing Gen Z
10:25 - High Yield Savings Accounts vs. Traditional Banking
12:35 - Where Americans Are Actually Keeping Their Cash
15:26 - The Emotional Drain of Credit Card Debt
17:28 - Breaking the Paycheck Cycle and Credit Myths
19:14 - The Real Truth About Affording a Home
21:52 - Is Being Broke a Choice?
22:58 - Final Thoughts and How to Get Ahead
FTC Legal Disclaimer - Some links found in the description box of my videos may be affiliate links, meaning I will make commission on purchases you make through my link. This is at no extra cost to you to use my links/codes, it's just one more way to support the channel! :)
DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Michael Bordenaro is not a registered financial advisor. Your use of Michael Bordenaro’s YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Michael Bordenaro does not establish a formal business relationship.
Subscribe to My New Clips Channel youtube.com/@MichaelBordenaroClips
=======
Need a Real Estate Agent You Can Trust? Get one for FREE: homeandmoney.com/michael
=======
Follow Me on Instagram: instagram.com/michaelbordenaro
=======
My Filming and Editing Equipment
michaelbordenaro.com/my-youtube-gear
======
Save Money on Property Taxes FOREVER!
Ownwell.com/michaelbordenaro
======
Get Cash Back on ALL your Internet Purchases!
rakuten.com/r/NIRVPL2?eeid=28187
======
My Microphone (Lot of People Have Asked)
amzn.to/3Mhs2oz
Articles Mentioned in the Video
tiaa.org/content/dam/tiaa/institute/pdf/insights-report/2026-05/tiaa-gflec-financial-literacy-report-lusardi-yakoboski-sticha-mastry-may-2026.pdf
https://apple.news/ALH1bm2oaS1yBB22wjNOiUg
cnbc.com/select/americans-not-using-high-yield-savings-accounts/#where-people-keep-their-money
https://apple.news/AOas2jNbXRFmLBwRyPW_0RA
00:00 - Shocking Financial Literacy Facts
01:34 - Missing 10 Years of Learning Opportunities
02:56 - The Foundation of Financial Thinking
03:15 - Why Most People Fail to Understand Risk
04:47 - The SpaceX IPO and Unnecessary Risks
05:25 - Financial Literacy Quiz: Can You Pass?
08:08 - The Education System is Failing Gen Z
10:25 - High Yield Savings Accounts vs. Traditional Banking
12:35 - Where Americans Are Actually Keeping Their Cash
15:26 - The Emotional Drain of Credit Card Debt
17:28 - Breaking the Paycheck Cycle and Credit Myths
19:14 - The Real Truth About Affording a Home
21:52 - Is Being Broke a Choice?
22:58 - Final Thoughts and How to Get Ahead
FTC Legal Disclaimer - Some links found in the description box of my videos may be affiliate links, meaning I will make commission on purchases you make through my link. This is at no extra cost to you to use my links/codes, it's just one more way to support the channel! :)
DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Michael Bordenaro is not a registered financial advisor. Your use of Michael Bordenaro’s YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Michael Bordenaro does not establish a formal business relationship.










