Happy Friday, we hope you had your coffee today, and we welcome you to the Weekly financial news podcast with Cross Shield! Listen to the end of the episode to figure out how to enter a giveaway. Join us for the inaugural episode of the Weekly Financial News podcast, where Skye Scott, Rudy Upshaw, Stephanie Volkmer, and Amanda Hershberger from Cross Shield Financial dive deep into the latest financial trends and insights!
In this episode, we unpack: Rising Credit Card Debt 💳: The average consumer now carries $6,329 in credit card debt, with a notable increase in delinquencies. What does this mean for our finances and what steps can be taken to manage this growing burden?
Maximizing a 3-Paycheck Month 💸: How can you make the most out of an extra paycheck? We discuss strategies to optimize this financial windfall. The Rise of Underconsumption 📉: With budgets tightening, we explore the trend of 'underconsumption' and how it could impact our spending habits moving forward.
Tune in for expert analysis, practical advice, and a lively discussion on these crucial financial topics. Don’t forget to like, comment, and subscribe for more insights from Cross Shield Financial!
#WeeklyFinancialNews #CreditCardDebt #3PaycheckMonth #Underconsumption #PersonalFinance #CrossShieldFinancial #Podcast #financialcoaching #financialpodcast
Sources:
https://linktr.ee/crossshield Financial Coaching: www.crossshieldfinancial.com instagram.com/crossshieldfinancial
1.https://www.cnbc.com/2024/08/08/credit-card-debt-and-delinquencies-are-on-the-rise-reports-finds.html https://www.cnbc.com/2024/08/08/credit-card-debt-and-delinquencies-are-on-the-rise-reports-finds.html
2. .https://finance.yahoo.com/personal-finance/3-paycheck-months-182555007.html
3.https://www.cnbc.com/2024/08/04/underconsumption-core-is-in-as-budgets-tighten.html?recirc=taboolainternal