Keeping Your Budget Steady in a War Shaken Economy

From pressure on the Strait of Hormuz to the everyday choices families are making at home, the war in Iran is creating a economic rollercoaster. Greg and Holly host a special hour on the economic impacts of the war — and how to keep your budget steady in uncertain times.

The Strait of Hormuz has become the epicenter of economic tension. Michael Kofoed, Assistant Professor of Economics at the University of Tennessee, breaks down why this stretch of sea matters, how the war is shaping today's economy and the ripple effects that can come from conflict. 

As Utah families adapt their wallets to an uncertainty economy, Shane Stewart, Certified Financial Planner with DMBA shares tips for families and individuals about adjusting and stretching your budget.