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Growing your wealth in the Trump Economy Part 1
Podcast 99
There is a great deal of political chatter in America right now. We have heard impeachment constantly. We all know about Hunter Biden. CNN hates Trump. ABC uses video footage from Kentucky and said that it was Syria. Many news items are thrown at us daily. That is why I wanted to present a different podcast to you. Podcast 99 will cover something personal. Let’s take some time to talk about you and your money. Join the Front Porch to discuss how you can grow your wealth in the Trump economy of today.
Growing your wealth in the Trump Economy
Like him or not Donald Trump has been good for your wallet. Jobs are at historic rates. Unemployment is also at 3.5%. If you want to work in America today it is pretty easy. Finding a job is not a problem. I also want to take a moment to present some facts to you. The current inflation rate (2018 to 2019) is now 1.71%. The reason this is important is that the income growth rates from the same period is 3.2%. In other words, incomes are rising faster than inflation.
You would not get those type numbers in a socialist economy. This economy is primed for you to gain wealth. Since President Trump’s inauguration, the Dow Jones has increased by 35%. The economy is strong despite what the media is telling you. Media pundits may say recession. True it could happen. Anything can happen for that matter.
Given the facts I have presented in Podcast 99, let us now look at you. Are you in better financial shape than in 2016? If not, why? Was it because of our economy or you? If you find that you are still struggling to gain wealth you found the right podcast. Let us get started at the basics.
Growing your wealth: Your expenses
First, if you are spending more than you make, stop. Any financial planner worth their salt will tell you that you cannot spend your way out of debt. My recommendations are to join the Front Porch Finances class by using the code 88n3vj. You can also find a link here. This interactive class will give you access to the resources you will need.
Secondly, start the first assignment. Budgeting is one of our biggest problems as Americans. Our government can not do this. You can take the budget in our class and get back on track. Let me give you this disclaimer first. If you lie to yourself about your expenses it does you no good. Be honest with yourself.
Growing Your Wealth: Front Porch Finances Budget
Now that you have secured your seat by joining the Front Porch class you are ready to rock and roll. Not literally. You are hopefully listening to the podcast, so music can wait. Let us begin by developing your budget. You will want to put in your salary, and Wham-O it calculates your taxes for you. Parents, make your high school students do this also.
Each household expenditure is broken down by category. Enter your yearly expense.
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By David Lamar MarksPodcast 99
There is a great deal of political chatter in America right now. We have heard impeachment constantly. We all know about Hunter Biden. CNN hates Trump. ABC uses video footage from Kentucky and said that it was Syria. Many news items are thrown at us daily. That is why I wanted to present a different podcast to you. Podcast 99 will cover something personal. Let’s take some time to talk about you and your money. Join the Front Porch to discuss how you can grow your wealth in the Trump economy of today.
Growing your wealth in the Trump Economy
Like him or not Donald Trump has been good for your wallet. Jobs are at historic rates. Unemployment is also at 3.5%. If you want to work in America today it is pretty easy. Finding a job is not a problem. I also want to take a moment to present some facts to you. The current inflation rate (2018 to 2019) is now 1.71%. The reason this is important is that the income growth rates from the same period is 3.2%. In other words, incomes are rising faster than inflation.
You would not get those type numbers in a socialist economy. This economy is primed for you to gain wealth. Since President Trump’s inauguration, the Dow Jones has increased by 35%. The economy is strong despite what the media is telling you. Media pundits may say recession. True it could happen. Anything can happen for that matter.
Given the facts I have presented in Podcast 99, let us now look at you. Are you in better financial shape than in 2016? If not, why? Was it because of our economy or you? If you find that you are still struggling to gain wealth you found the right podcast. Let us get started at the basics.
Growing your wealth: Your expenses
First, if you are spending more than you make, stop. Any financial planner worth their salt will tell you that you cannot spend your way out of debt. My recommendations are to join the Front Porch Finances class by using the code 88n3vj. You can also find a link here. This interactive class will give you access to the resources you will need.
Secondly, start the first assignment. Budgeting is one of our biggest problems as Americans. Our government can not do this. You can take the budget in our class and get back on track. Let me give you this disclaimer first. If you lie to yourself about your expenses it does you no good. Be honest with yourself.
Growing Your Wealth: Front Porch Finances Budget
Now that you have secured your seat by joining the Front Porch class you are ready to rock and roll. Not literally. You are hopefully listening to the podcast, so music can wait. Let us begin by developing your budget. You will want to put in your salary, and Wham-O it calculates your taxes for you. Parents, make your high school students do this also.
Each household expenditure is broken down by category. Enter your yearly expense.