144- Bonus Episode- Coronavirus, The Market Decline & The Impact on Your Money (& What To Do About It)
Journey To Launch
Jamila Souffrant
4.9 • 1.7K Ratings
🗓️ 13 March 2020
⏱️ 24 minutes
🧾️ Download transcript
Summary
In this bonus episode, I discuss the biggest concern in the world at the moment, the Coronavirus. You may be worried about your money, job, health and family and I am sharing my thoughts on how to get through these times.
In this episode I discuss:
- How to protect yourself as much as you can.
- What to do if you deal with anxiety and depression.
- How this impacts your investments and what to do about it.
- What to do if your work and income are being affected.
- Why it is very important to focus on emergency funds.
- Cancellations of travel and events.
Other related blog posts/links mentioned in this episode:
Go to Journeytolaunch.com/freedomsummit to join me at the Financial Freedom Summit in May.
I use Michael Hyatt's Full Focus Planner to keep me focused so I get things done. If you are looking for a planner consider using this one.
Check out the other tools that help me with my finances and business here.
Check out the Journey To Launch Podcast index here which categorizes all of the Journey To Launch podcast episodes by subject. Now you can binge on your favorite topics or type of episode.
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Transcript
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| 0:00.0 | You're listening to the Journey to Launch Podcast at Impropt 2 episode on the coronavirus, |
| 0:06.9 | the market fluctuation and all the craziness happening in the world right now. |
| 0:11.8 | Let's talk about it. |
| 0:12.6 | T minus 10 seconds. |
| 0:15.6 | Welcome to the Journey to Launch Podcast with your host |
| 0:18.7 | Jamila Sufrant as a money expert who walks her talk, she helps brave journeyers like you, get out of debt, save, invest, and build real wealth. |
| 0:29.0 | Join her on the journey to launch to Financial Freedom in 5 4 3 2 1. |
| 0:37.0 | Hey. Hey, hey, hey, journeyers. So I actually decided to do a kind of impromptu podcast episode. I've been sitting here kind of back and forth with my kids and doing work and I |
| 0:56.0 | know things are actually going really crazy in the world right now and I must |
| 0:59.9 | admit I'm definitely one of those people where I am not one to really pay attention or |
| 1:05.0 | watch the news and negative things because I do believe that what we think is |
| 1:10.9 | what happens in the world but this is one of those times where this is not just like thoughts right these are actual things happening to our world to our society to our money right if we have money in our investment accounts, to our jobs, to our incomes. |
| 1:26.8 | There is so much happening in the world right now. |
| 1:28.7 | So it's not something like you can kind of bury your head in the sand and ignore. |
| 1:33.0 | So I decided I would just do an impromptu episode |
| 1:35.4 | to talk about it because I don't have all the answers. |
| 1:39.3 | But I know that a lot of you guys, a lot of your journey years |
| 1:41.6 | have been following me for a bit and listening and maybe you're |
| 1:44.7 | really worried right now I'm worried about your money worried about your job and |
| 1:48.6 | income and just your health and the world so I thought maybe it would just be helpful to share my perspectives |
| 1:55.6 | and my opinions and what I'm doing in the hopes |
| 1:58.5 | that it can maybe help someone else out there. |
... |
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