The gross national debt is inching close to an important statutory ceiling and Steve and Gabriel are here to break down what that all means on this new episode of Our 2 Cents.

They're also sharing real experiences when their clients' emotions took over the the driver's seat in their financial planning.

1. $31,000,000,000,000 and Counting:
   • Congress has placed a "cap" on how much the government can borrow, and at the start of the fiscal year the debt has reached $31 trillion, and $31.4 trillion is the borrowing limit.
   • However, this year's deficit will decline by an estimated $1.7 trillion.
   • So, what's the difference between the deficit and the debt?
   • What is the impact of all this on consumers and possible future tax ramifications?
2. Sharing Stories: When Emotions Impact Your Planning:
   • It's no secret that your emotions can play into your decisions and reactions across all areas of life.
   • We're sharing stories about some of the more common emotions with regards to investing:
     • Greed
     • Fear
     • Hope
     • Pride
     • Joy