GRM 139: How Your Spending Impacts The Economy

The health of our economy impacts all of us. When the economy is strong, we reap the financial benefits; higher wages, cheaper goods, and many others. Of course, the opposite is also true. A weak economy hurts our finances. But, did you know that your personal financial choices play a crucial role in the health of our economy? In this episode of GMR, we discuss debt cycles, what they are, how and why they happen, and what this means to your personal finances and our economy.