The Financial Foundation

We will focus on 3 things today. An economist predicting that 2023 will be one "whopper" of a recession, so what we got right now is mild compared to whats coming, One thing I failed to mention when I covered the Inflation Reduction act because I didnt realize how it would affect the average investor and 3 highly valued companies who have shown the best of performances amidst recessions.

Today I break down the similarities and differences in these two very widely promoted debt elimination approaches. We then turn to a perfect example that goes over which one saves you more money, more time and more heartache as we look to see how each strategy can benefit you. Then a brief touch on todays housing market from data from the National Association of Realtors.

Today is all about the concept and implementation of the consolidation loan. No matter your situation, these can be used to your advantage when it comes to paying less money every month against any debt you have and in the end, the money saved in reduced interest will all be worth it.

Today I pull back the curtain and just go over some simple basics of what a REIT is and what it does. If you are interested in investing in them, I encourage my listeners to find out all about the world of REITs.

Today I expand more on a past episode I did about affordable cities to live in. I have added to the list a few more and these ones are within minutes from the water. I do first however address the rising credit card problem happening in 2022 first. 

I came across an article that I really liked and today I wanted to read it with you guys and insert my comments. It really was great as it was a beginners guide of what to do when you want to start investing in company stock. From the research to the valuation, this article really is complete with what every person needs to do when putting their hard earned money into something they want to, someday, be worth alot of money. 

Today I explain the S&P 500, its historical success as a good investment and why its still a good investment if you are here for the long haul. I end it with a frightening breakdown of inflation at 8.5%... And why, for most people, its much closer to being in the double digits.

Today I start by defining passive income and the simple way to establish passive income. It either requires a good amount of money to get started or a greater amount of work up front. I also address popular passive income topics I consider to not be passive income as they carry a burden of constant management, labor and risk. And I finish the day up trying to lay down the facts of the Inflation Reduction Act and finding out if it really does lower inflation or if its just the name of a bill that does something else.

Breaking down The Great Resignation and what those decisions have resulted into today. From Burnout to overstaffing, it seems during the chaos, many companies and the employees they hired... too many things happened too fast and the correction is currently under way.

Today we go over a few apps that help display what subscriptions are really costing you every month. How much of our money is just leaving our accounts every month on autopay?