This week we’re ditching the usual deep dives and trying a new format. The Quick Dip is where we embrace shallow takes, and in this episode we’re talking about everything from the Olympics and bankruptcy to the creepy world of personalized pricing.

First we tackle the Olympic exploitation issue, questioning the disparity in pay and prize money for athletes across the globe. Then we discuss the rising bankruptcy trend, wondering if we’re becoming numb to the stigma or if it’s truly just changing. And finally, we explore the spooky world of surveillance pricing, wondering if we’ve lost our privacy in the pursuit of convenience. Get ready to be surprised, provoked, and possibly slightly horrified

Links:
-Why are Olympians so Broke?
https://www.businessinsider.com/why-olympic-athletes-broke-how-they-make-money-tokyo-2020-2021-7

-Download our free Financial Technology Toolkit

You don’t have to be afraid of “fintech” | download our free toolkit

-Bankruptcies up 16% YoY
https://www.uscourts.gov/news/2024/04/25/bankruptcies-rise-16-percent-over-previous-year

-Impact to credit scores and likelihood for bankruptcy in states with legalized betting
https://money.com/credit-scores-fall-sports-gambling/

-FTC files special report regarding surveillance pricing
https://www.ftc.gov/reports/6b-orders-file-special-report-regarding-surveillance-pricing-involving-intermediary-companies

Chapters:
00:00 Introduction
06:08 What Olympians are Paid
21:16 Bankruptcies on the Rise
30:46 What is Surveillance Pricing

About the Hosts:
Julien and Kiersten Saunders are the hosts of the rich & REGULAR® podcast. New episodes are published weekly on YouTube, Apple Podcasts, Spotify and other streaming platforms. Julien and Kiersten are also the authors of Cashing Out: Win The Wealth Game By Walking Away, named 2023 best overall book about investing by Business Insider and one of the best personal finance books by Forbes. To learn more and purchase the book, visit https://richandregular.com/cashingout/

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