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?

 

Read more and get additional resources here: https://doncashpodcast.com/podcast/what-does-economic-health-looks-like/ 

 

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!