Ep.47 - part 3 - One of the Most Important Rules in Personal Finance

There is one crucial thing that has not changed over the years about personal finance. First, get your savings in cash in a bank or somewhere safe to cover your near-term emergencies expenses. Make sure that you are living within your means, not overfilling your credit cards. Then start allocating money for your future. Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: Fed Chairman Powell’s Term Ends in 2022 @2:40 What Is A Ponzi Scheme? @7:37 An Update on Infrastructure Bill @17:49 US Trade Deficit @27:18 401 (k) Contribution @33:28 And more! This episode was recorded on November 6th, 2021. If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.