Family Financial Influence Interview with KFYI Radio Phoenix
CreditCards.com Senior Industry Analyst Matt Schulz spoke on Sunday, May 10, 2015, with Kathy Cline of KFYI Radio Phoenix about the results of the May 2015 Biggest Family Financial Influences survey. The interview and transcript are below.
Kathy Cline: Speaking of mom, did she really influence your spending that much? Depends on who you ask, according to CreditCards.com.
Matt Schulz: Millennials say that mothers influenced their finances more than any other family member, but mom only ranked fourth among people who are 50 and older.
Cline: Analyst Matt Schulz says CreditCards also found that just 14% of wealthy Americans agreed mom influenced their financial habits. Republicans, came in dead last with just 10% on team mom.