Published on Aug 21, 2024, 1:00:10 AM
Total time: 00:22:58
If the experts believe the economy is in great shape, why does the average American feel like we're in a recession? That is what Nico Pesci, the founder and CEO of Momemtum Wealth, says is a 'vibecession.' When everyday people have the vibe things are going badly, while Wall Street is living high off the hog -- it's time to make a money plan for the stage of life you are in.
Nico says recessions are part of economic cycles. Things will improve. You just need to wait, if can, to cash out your retirement funds. Don't panic, learn to take a deep breath and understand what is really happening in the stock market.
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The goal of Money Making Sense is to help you find more financial peace. Host Heather Kelly and guest experts focus on reviewing paychecks and analyzing family decisions. They also talk about vacationing on a budget, retirement savings on a limited income, reducing household expenses, the financial impact of owning pets and how money affects relationships. Money Making Sense will give you practical ideas on how to improve your bottom line. Money Making Sense is a 2017, 2018, 2020 and 2021 People's Choice Podcast Award Finalist.