Your Money & Your Life Podcast

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What Does Economic Health Looks Like?

May 7, 2020

As we transition into a new routine and daily life, the economy continues to struggle. What has the Fed done? And will it be enough to help our economy?


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Today's show schedule: 

1:45 - Life feels a bit like the movie “Groundhog Day” that repeats over and over. 

3:35 - What lessons could be learned from the movie?

5:32 - In the News: Police in New York City broke up an illegal night club/barbershop.

7:23 - What is the Federal reserve doing to help with the high unemployment rate?

11:15 - The Fed is trying to pump money into the economy. 

12:02 - What should you do with your stimulus check?

12:25 - What is the formula for economic health?

13:37 - Using an example of a restaurant dinner bill, how will that money be used?

17:12 - Cash Connection: Should you refinance your mortgage?

21:18 - Have you been inundated with virus-related emails? Be careful!