The Affordability Crisis: On Borrowed Time

Hey, everyone. Welcome back for Season 2 of Financial Therapy: Minding Your Money! I'm Lena Banks--a Certified Financial Planning professional and small business coach based in Austin, TX. We're kicking off this season talking again about a subject that affects nearly every household in America: the affordability crisis. Whether you earn $50,000 or $250,000 a year, it seems we're all having to confront a new normal when it comes to making ends meet. If you've been rethinking your spending or saving decisions (by necessity or by choice), and/or you're noticing the dollars you earn have to stretch quite a bit farther these days, you're in good company. So today we're talking about four examples where old ways of increasing our everyday cash flow have shifted towards new tools... and about the opportunity costs of what's actually happening underneath the surface of those changes, especially over time. The goal here is to give us all ways to be more secure and confident in our financial decision-making, and to have a greater sense of well-being overall. Call or text to submit your feedback and questions for the show: 1-844-4FINPOD (1-844-434-6763) #financialtherapy #budgetsareboundaries #personalfinance