Listen to "Finance Explained by Family Finance Mom Trailer" and subscribe to catch a new episode each week, beginning in March! #PodcastRecommendations#personalfinance
What should your family finances look like??
Personal finance is broad - covering everything from budgeting and saving, to investing, insurance, and even legal considerations like your will. Add kids to the mix, and there are even more factors to consider, more expenses and less
So much of what has happened to family finances in recent years has been driven by factors beyond our personal control - by the greater forces of the overall economy.
Understanding the economy, how it works, and being able to think through policy proposals to understand not only
.financeexplained, I cover the following top financial headlines of the week:
🐷 All major US stock indices ended last week officially in a bear market - what does that mean? And what does it mean for your portfolio?
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Is now the time to invest?
Probably one of the top questions I get asked these days. Now, here come the financial disclaimers - historical market performance is not an indication of future performance. BUT, it's the best indicator we have.
If you had invested in the S&P 500 on
As many anticipated, the Fed announced another 75bps hike in the Federal Funds rate today, to 3-3.25%. This decision was unanimous. This is the rate at which banks borrow from one another to meet nightly reserve requirements but often serves as the benchmark for the rest of us, r
Early this morning, the US economy breathed a tentative sigh of relief as the rail workers' unions reached a tentative agreement with rail companies to avoid a strike that was to begin tomorrow morning.
Rail freight is a critical component of the US supply chain, accounting for
Stocks are down significantly this morning after August inflation numbers were released. The Consumer Price Index, the first major measure of inflation released each month, showed prices up +8.3% over the last 12 months.
This is down from the peak of +9.0% back in June, but stil
It was great to be back answering questions LIVE this morning... and one that came up a lot: what is with the stock market?
A few things to understand about the stock market...
🐷 Investors don't like uncertainty
🐷 It trades based on investor's expectations of future corpor
It was a great summer with these three kiddos, but I was definitely counting down the days (hours and minutes) until school resumed last week!
These milestone moments - like the first day of school - can be a doozy on your finances if you don't budget and plan for them. The Nat
Took some time this summer to give http://FamilyFinanceMom.com a facelift... the same great content, with new, easier-to-navigate home, blog and podcast pages. Check it out and let me know what you think!
Also coming this week:
🐷 First episode of Season 3 of Finance Explained
🐷 R
One of the great things about the high interest rates is that capital is put to its most productive use.
Less reckless spending by government, businesses and individuals.
3 canaries in the economic coal mine that all point to recession soon (if not already in it):
1️⃣ Real retail sales declining
2️⃣ Stock market 📉3️⃣ Flat to inverting yield curve
What’s screaming recession in your world?
Target confirmed what no one wanted to be true: The retail consumer is in trouble.
Now, it’s hard to deny that problems such as inflation, supply-chain constraints, and higher labor and transport costs are broad-based across the industry. https://trib.al/2i7dIS3
A market in free-fall, interest rate hikes, and inflation still high - when will volatility end and clarity be restored? After that, a deep dive on why childcare is so expensive wtih 3 early childhood directors #PFshare#fintwit
NEW: After Rep. Katie Porter gave emotional speech to fellow Dems about skyrocketing grocery bills, she said it felt like the first time it sank in with some colleagues
One told her it's not coming up in polls. Her response: “You don’t know what to ask”
Market Correcting, Housing Update & A Deep Dive on US Agriculture and Rising Food Prices #PFshare via @financemom1https://podcasts.apple.com/us/podcast/market-correcting-housing-update-a-deep-dive-on-us/id1555999132?i=1000559023057…
Value vs growth stocks are akin to the Tortoise and the Hare.
Everyone learns as a child the 🐢 is the safer bet, so why do we all pile into growth stocks then get shocked when they tank?
Ford is selling 8m of its Rivian shares through Goldman as insider lockup for stock of once high-flying EV maker expires tomorrow. Ford currently owns 102m shares.Sources also tell me JP Morgan selling a 13-15m share block for unknown seller. Both blocks priced at $26.90.$RIVN
Spend per student goes up, but look where the money is going… to Central Office. Trust in institutions is near all time lows because so many are broken
I volunteered for the Math Olympics today at their school. One thing stood out to me - girls are afraid to be wrong. To take a chance. To make a mistake. Boys far less so. Math you are wrong or right - so it scares girls off. At a young age
My 3rd grader was frustrated by her math homework one night… “I’m bad at math.” I now every night before bed make her say “I’m good at math.” Mindset is every thing.
The top tier math class in my 3rd and 4th grader’s grades are only 20-25% girls. Financial gender inequality doesn’t start in college, or even high school. Girls are opting out of STEM fields in early elementary school! 🧵
Facebook parent Meta on Wednesday announced a sharp slowdown in hiring, ending an extended period in which the tech giant added thousands of jobs a year https://on.wsj.com/3w4ryJN