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Money Girl

7 Secrets to Build Financial Resilience Post-Pandemic

Money Girl

Macmillan Holdings, LLC

Business, Education, How To, Entrepreneurship, Investing

4.61.9K Ratings

🗓️ 14 June 2023

⏱️ 22 minutes

🧾️ Download transcript

Summary

Building financial resilience can be the difference between surviving or sinking under stress. Laura reviews strategies for being prepared for unexpected situations, especially in an uncertain economy.

Money Girl is hosted by Laura Adams. A transcript is available at Simplecast.

Have a money question? Send an email to money@quickanddirtytips.com or leave a voicemail at 302-365-0308.

Find Money Girl on Facebook and Twitter, or subscribe to the newsletter for more personal finance tips.

Money Girl is a part of Quick and Dirty Tips.

Links: 
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https://www.facebook.com/MoneyGirlQDT
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https://lauradadams.com/ 


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Transcript

Click on a timestamp to play from that location

0:00.0

The COVID-19 pandemic significantly impacted the global economy and caused substantial financial

0:11.8

blows for many.

0:13.5

In the United States, the unemployment rate skyrocketed to 14.7% in April 2020, the highest

0:20.9

level since the Great Depression.

0:23.2

By June 2021, it fell under 6%, but fewer people are employed today than before the pandemic.

0:31.8

In addition to massive job losses and business closures during the pandemic, wages have not

0:37.7

kept pace with inflation, and consumer debt has gone through the roof.

0:43.4

While the full impact of the financial crisis is unknown, staying safe from future financial

0:49.3

setbacks depends on becoming financially resilient.

0:54.7

Which I'll discuss in today's show.

0:57.2

Thanks so much for joining me this week.

0:59.5

My name is Laura Adams.

1:00.9

I'm a personal finance expert who's been hosting the Money Girl podcast since 2008.

1:05.9

I'm also the author of several books, including my most recent title, a number one Amazon

1:11.1

new release called Money Smart Solo Prenour, a personal finance system for freelancers,

1:17.3

entrepreneurs, and side hustlers.

1:20.1

If you're building a business or want to earn more income, I hope you'll grab a copy

1:24.8

of the paperback, ebook, or audiobook.

1:28.3

My mission is to give you the knowledge and motivation to prioritize your finances, build

1:33.4

wealth, and have more security and less stress.

1:37.1

So be sure to subscribe to the show and submit a money question or comment.

1:41.3

You can do that a couple of ways.

...

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