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Navigating Financial Anxiety and the Coronavirus Stimulus Package with Financial Advisor Christopher Girbés

Navigating Financial Anxiety and the Coronavirus Stimulus Package with Financial Advisor Christopher Girbés

FromDhru Purohit Show


Navigating Financial Anxiety and the Coronavirus Stimulus Package with Financial Advisor Christopher Girbés

FromDhru Purohit Show

ratings:
Length:
47 minutes
Released:
Mar 30, 2020
Format:
Podcast episode

Description

In light of current world events, many people are experiencing abrupt financial insecurity. Whether going from one or two incomes down to one or none, or owning a business directly impacted by COVID-19, millions of individuals are experiencing significant stress around finances. Financial anxiety is one of the top reasons for chronic stress, but it doesn't have to be. On today's episode our host, Dhru Purohit, chats with Christopher Girbés, Certified Financial Planner and Partner Advisor at Advice Period, about the details of the Coronavirus Relief Bill, The CARES Act and 4 big ideas that will help you in the short and long term with financial anxiety. In this episode, they dive into the CARES Act, the Coronavirus Relief Act recently passed into law—they discuss exactly who will be getting the stimulus, how much, and how. They also talk about immediate ways to acquire money, if you’re struggling to find a way to make ends meet.  Dhru and Chris also discuss the 4 big ideas to tackle financial anxiety head on, both short term and long term, including:Understanding that real emergencies happen, and they’re not infrequent, and how to be prepared because it’s not a matter of ‘if,’ but when. Remember that crises can actually be opportunities to understand how better to prepare for them.When emergencies happen, step into the moment and learn from them.Create a system and not a budget. It can be a scary and unknown time, both looking at world events and also looking at our own budget, but it’s also an opportunity to look at your own personal finances, create a system and a plan, and be prepared. Take financial power into your own hands by learning from this experience and preparing for the next one. For more on Chris, check him out on Instagram @chrisgirbes or send him an email to: chris.girbes@adviceperiod.com. Check out the books they discussed: Total Money Makeover by Dave Ramsey and I Will Teach You To Be Rich by Ramit Sethi. For more on Dhru Purohit, be sure to follow him on Instagram @dhrupurohit, on Facebook @dhruxpurohit, on Twitter @dhrupurohit, and on YouTube @dhrupurohit. Check out his website https://dhrupurohit.com/. You can also text Dhru at (302) 335-6565. For information regarding your data privacy, visit Acast.com/privacy
Released:
Mar 30, 2020
Format:
Podcast episode

Titles in the series (100)

The Broken Brain podcast will help you take your brain health to the next level and teach you how to live your best life! Listen as host and serial entrepreneur Dhru Purohit interviews the top experts in the field of neuroplasticity, epigenetics, biohacking, mindfulness and functional medicine.