Don't take on additional debt during a recession

Money Making Sense

Don't take on additional debt during a recession

Clean

Published on Jul 27, 2022, 1:00:00 AM
Total time: 00:26:20

Episode Description

Now is not the time to buy a new car or put purchases on credit cards.  Brian Walsh, a SoFi Financial manager, says taking on less risk is the best way to survive inflation and/or a recession.

Find out if you should prioritize building your savings account or your investments during this episode.

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More about Money Making Sense

The goal of Money Making Sense, a 4-time People's Choice Podcast Award finalist, is to help you find more financial peace.  Host Heather Kelly and guest experts focus on personal finances and analyzing family decisions.  The show discusses vacationing on a budget, how money affects relationships, retirement savings, reducing household expenses, and the financial impact of owning pets.  Along with celebrity interviews from the Sundance Film Festival and FanX Salt Lake focusing on finances.  Money Making Sense will give you practical ideas on how to improve your bottom line.