Economy: Managing Your Money Ahead Of The Midterm Elections
Summary
Host Jen White and financial experts Kara Perez, Heather Long, and Terry Savage discuss the current US affordability crisis, highlighting rising costs in gas, groceries, housing, and healthcare. Listeners share personal struggles, including federal pay freezes, high mortgage rates, and healthcare gaps, prompting the panel to offer advice on navigating these challenges. Recommendations include creative housing solutions, energy efficiency upgrades, and conservative financial strategies like CDs and annuities for retirees. The episode emphasizes that many economic pressures stem from policy c…
Topics discussed
Introduction: The current affordability crisis and panel introductions
Meet the experts: Kara Perez, Heather Long, and Terry Savage
Call from Michigan: Gas prices, diesel shortages, and input costs
Housing market outlook and creative solutions for growing families
Listener story: Job loss and rising COBRA health insurance costs
Call from Maryland: Deciding whether to sell distressed properties
Call from Pennsylvania: Home efficiency upgrades vs. heating oil costs
Call from Virginia: Retirement strategy and protecting portfolio assets
Call from Delaware: Best options for a windfall in savings
Listener story: Senior running out of heating oil and finding resources
Call from Florida: Healthcare costs, Medicaid changes, and state policy
Call from Maryland: Withdrawing from 401k to pay off a mortgage
Call from Maryland: To buy a home or stay in a stable rental?
Call from St. Louis: Thoughts on annuities for retirement income
Closing tips: Community resources, creative spending, and voting
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