15 Indicators Of Being Financially Strapped
Financially Strapped
But this isn’t going to be your typical financial advice. We’re going to dig deeper, peel back the layers, and confront some hard truths. We’ll be discussing everything from the impact of inflation on your earning power to the societal discomfort around talking about money, and even the responsibility of supporting your parents in their retirement.
IN THIS EPISODE: Video on YouTube:
Being the Retirement Plan for Your Parents Limits Your Own Financial Growth
Prioritizing Immediate Gratification Hinders Future Savings
Job Security is at Risk Due to Automation and Lack of Career Development
Financing with Payment Plans Can Result in Overpaying
Lack of High-Demand Skills Limits Job Market Opportunities
Overspending on Experiences versus Investing in Goods
Inadequate Emergency Fund Less Than $1,000
Consistently Overpaying for Small Expenses Adds Up
Preference for Digital Money Over Cash can Limit Financial Growth
Overwhelmed by Student Debt
No Investable Assets Stunts Wealth Accumulation
High Housing Costs Leave Little Income for Savings
Surrounded by a Culture of Living Paycheck to Paycheck
Inflation Eats Away at Earning Power Over Time
Envious of Wealthy Individuals, but Uncomfortable Discussing Finances
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