In the last month, several of the largest banks in the U.S. along with a handful of regional banks have failed. The average credit card interest rate is at 22% and mortgage rates are at 6%. Inflation remains high and talks of recession still linger; but the job market remains strong and life for the most part unchanged. Are we headed for financial disaster or is everything cruising along just fine?
Join Syd for Season 4 Episode 6 How to Survive Inflation, Recession and Bank Runs as she sits down with financial advisor, Kevin Matthews for an informative conversation on what’s happening in the economy and how to protect your financial interests against an uncertain economic future.
Kevin Matthews is a best-selling author, award-winning influencer, former Top 100 financial advisor (as named by Investopedia) and founder of Building Bread, a financial education consultancy designed to educate and advise both organizations and individuals on the basics of financial literacy, investing and retirement planning.
TOPICS COVERED IN THIS EPISODE
- The current state of the economy
- The definition of recession
- The definition of inflation
- The impact of the fed raising interest rates
- The SVB bank run
- How to protect yourself from bank runs, inflation and recession
Want to connect with Kevin?
- Visit her website: https://www.buildingbread.com/
- Follow her on Instagram: www.instagram.com/buildingbread
- Buy Kevin’s book: https://www.amazon.com/Starting-Point-Create-Wealth-Lasts/dp/0692236104
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Sydnee Mack (Host)
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