17 min listen
Dollars and Sense: Shield Your Wallet from Inflation's Bite - Mindy McIntosh #6053
Dollars and Sense: Shield Your Wallet from Inflation's Bite - Mindy McIntosh #6053
ratings:
Length:
12 minutes
Released:
May 1, 2024
Format:
Podcast episode
Description
Kerry Lutz and Mindy McIntosh discussed the implications of the 1.6% annual GDP growth in the first quarter, including the potential effects of rate cuts on mortgage interest rates and CD rates. They also highlighted the importance of consumers having a well-diversified financial plan to combat the erosion of purchasing power due to inflation. The discussion also touched on concerns about the sustainability of the current economic path and the need for a wake-up call to pull back from the brink. In a separate discussion, they talked about the long-term implications of AI on the economy, emphasizing the need for thoughtful investment strategies and caution against knee-jerk reactions. They also discussed the potential impact of AI on personal interactions and communities, while highlighting the importance of maintaining a balance between technological advancements and human-driven experiences.
Released:
May 1, 2024
Format:
Podcast episode
Titles in the series (100)
Old Credit Card Scams are Returning -- Paul Oster #5797: Paul Oster and Kerry Lutz discussed new scams and a new rule implemented by the current administration that will penalize creditworthy home buyers and reward dead beats. They discussed skimmers, shimmers, and cameras that are used to steal data from... by Kerry Lutz's--Financial Survival Network