Episode 22
Inflation - what you need to know
Want to get in touch? Send us a text!
Show intro (00:27)
Inflation over the years (1:47)
- Understanding the relationship between inflation and interest rates, differences in life over the years, and acknowledging advancements in technology
- Investing has evolved, addressing how technology has impacted investing and acknowledging investors may be concerned with inflations impact on their money
Making sense of inflation (8:36)
- Painting a picture of how inflation works and giving examples of how inflation has impacted home prices and incomes over the years
- Understanding how much housing prices have changed and impact on our incomes
- Inflations impact on purchasing power, the value of savings bonds, and mortgage rates over the years
Purchasing power (18:20)
- Value of cash and life insurance and pricing of goods and services
- Cost of living, calculating what you can afford, and understanding how far your money can go today
________________________________________________________________
Join our Skool Community at https://www.skool.com/ditch-the-suits-9234. You can interact with us, ask questions and get additional resources.
Thanks to our sponsor, S.E.E.D. Planning Group! S.E.E.D. is a fee-only financial planning firm with a fiduciary obligation to put your best interest first. Schedule your free discovery meeting at www.seedpg.com
You can watch all episodes, as well as other great content produced by NQR Media through their YouTube channel at https://youtube.com/@NQRMedia
📧 For more information or to get in touch with us, visit https://www.ditchthesuits.com
👍🏼 You can also follow us on Facebook, Instagram and Twitter at @nqrmedia
______________________________________________________________
About Your Co-Hosts:
Travis Maus has been in financial services for over fifteen years. He is a Senior Wealth Manager and Chief Executive Officer at S.E.E.D. Planning Group.
Steve Campbell has over a decade of experience in the industry and serves as Chief Brand Officer at S.E.E.D. Planning Group.