EP:143 Financial Survival in a Broken Economy
Manage episode 481748575 series 3492902
The financial strain of modern life hits hard as we explore personal budgeting strategies and the vanishing middle class in America's increasingly unaffordable economy.
• Put necessities first in your budget: mortgage/rent, utilities, and basic needs before anything else
• Limit credit cards – they can cost "three times the amount" through interest and fees
• Parentless homes create environments where kids lack proper guidance and moral education
• The middle class is disappearing as corporations push wages down while raising prices
• Basic costs have skyrocketed – a decent meal for two now costs $100, up from $50 a few years ago
• Even the "dollar menu" is no longer a dollar anywhere you go
• Inflation is being used as an excuse by companies to increase prices while wages remain stagnant
Email us at [email protected] and catch us on the next episode where we'll continue this discussion.
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Chapters
1. Welcome to Double A Club (00:00:00)
2. Personal Budgeting Strategies (00:00:33)
3. Dangers of Credit Card Debt (00:05:17)
4. Kids with Guns in Schools (00:06:57)
5. Disappearance of the Middle Class (00:09:40)
6. Inflation and Rising Food Costs (00:12:35)
7. The Truth About Dollar Value (00:18:10)
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