Posts Tagged ‘unemployment’
S5-1: 3 Failed Recession Indicators
On this week’s episode of Finance Explained: Q&A Replay, Meghan Rabuse, also known as the Family Finance Mom, answers personal finance questions and discusses the current state of the economy. She explains the three major recession indicators that have been pointing to a recession for the past two years, but have not yet resulted in an…
Read More >>>S4-20: Recession Concerns, Discover Merger & Bidenomics Impact on Election 2024
On this week’s episode of Finance Explained, Meghan addressed how we prevent negative economic trends, like layoffs, from spiraling into a recession; the newly announced Discover / Capital One merger and its potential regulatory hurdles; and thoughts on the economic outlook under a second Biden term if he wins Election 2024, aka Bidenomics. Listen below for…
Read More >>>S4-14: US Economy 2024: Outlooks on Interest Rates, Inflation, Concerns
Meghan discussed the state of the stock market, attributing its strong performance in 2023 to the rally of big tech names. She also explained the impact of interest rates on the market and the importance of the Fed’s mission to promote a stable price environment and full employment. Meghan then shifted her discussion to the…
Read More >>>S4-13: Allowance for Kids and December Fed Meeting
Meghan announced this was her last live Q&A session for 2023, first addressing President Biden’s latest round of student loan forgiveness. She also shared her views on allowance for children and the costs associated with car ownership. Additionally, Meghan discussed tokenization in finance and the anticipation surrounding the Federal Reserve’s decision on monetary policy at…
Read More >>>S4-12: Economy in 2024 and How to Prepare for a Job Loss
Join 1,000s of Family Finance Moms who get free weekly updates! YES! SIGN ME UP! On this week’s episode of Finance Explained, Meghan covered strategies to prepare for potential impending layoffs in 2024, emphasizing the importance of having a budget, an emergency fund, and understanding state rules and regulations regarding unemployment benefits. She also addressed…
Read More >>>S4-10: Budgeting for the Holidays & Choosing a 529 Plan
On this week’s episode of Finance Explained, Meghan discussed concerns about rising HELOC interest rates. Meghan discussed the challenges many families face this holiday season due to inflation and uncertainty in the economy, encouraging individuals to set their own boundaries with their personal finances when budgeting for the holidays. Meghan discussed the best type of account…
Read More >>>S4-8: Rising Interest Rates, Velocity Banking & HELOCs
At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET. On today’s episode, Meghan discusses the current economy, the…
Read More >>>S4-7: Federal Deficits, International Aid & HSAs
At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET. On today’s episode, we talked about the likelihood of…
Read More >>>S3-3: What is OPEC, the Labor Market & A Deep Dive on the Importance of Understanding Our Economy
It was another eventful week for the markets and global economy last week. OPEC+ made waves economically and politically with its announcement to cut oil production, major employment releases sent mixed messages on the labor market, and more on the Twitter / Musk buyout as the saga continues. To learn more on all of these,…
Read More >>>S3-1: Is the US Economy Currently in a Recession?
After my annual summer hiatus, there’s one question I have been getting more than any other: are we in a recession? By traditional historical measures, knowing what happens during a recession, the short answer is likely yes. But the official group that declares recessions has not yet, so what are they waiting for? Here are…
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