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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

FromKerry Lutz's--Financial Survival Network


Dollars and Sense: Shield Your Wallet from Inflation's Bite - Mindy McIntosh #6053

FromKerry Lutz's--Financial Survival Network

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)

The Financial Survival Network is dedicated to helping you build your financial fortress so that you can survive and thrive in the new economy. It's all about what's next!