Am I Saving Too Much?

Jill on Money with Jill Schlesinger

Audacy

Self-improvement, Business, Investing, Education

4.6 • 1.8K Ratings

🗓️ 29 October 2020

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

I'm all for trying to save boatloads of money for retirement, but I also don't want you going through life living like a pauper. Have a money question? Email me here. Please leave us a rating or review in Apple Podcasts. "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

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0:00.0	David Mitchell, six comedians, one grueling contest of survival.
0:05.0	I thought it was quite a pleasant week.
0:07.0	Deadly weapons.
0:08.0	Do scissors count? There was a lot of arts and craft.
0:11.0	Death-defying stunts. If that's a reference to me
0:14.3	tripping over I've been assured by the producers they've cut it.
0:16.9	Dangerous obstacles. There are a lot more nettles than I would have like.
0:20.3	It's survival of the funniest.
0:22.6	I see what we've done there.
0:23.6	David Mitchell's Outsiders.
0:26.1	Wednesday at 10 on Dave and UK TV Play.
0:30.3	Welcome to the Jill on Money Podcast. It is Thursday, October 29th. It is going to be a big day because after this drops in your feed I'm going to be hyper focused on the
0:45.2	release of third quarter economic growth or GDP gross domestic product.
0:51.6	It is expected to be a huge number probably I don't know up 30% in the
0:58.2	third quarter. Now remember it's an annualized number and to go back in time the economy grew at about let's call it a
1:05.1	two and a half percent pace per year for about 10 years then we got to COVID
1:11.2	and output dropped by 5% annually in the first quarter, dropped by more than 31%
1:18.0	in the second quarter.
1:19.6	Now it's going to bounce back up in the third quarter, but that's history, right?
1:23.7	I don't care.
1:24.7	I'd still like to see a positive number, wouldn't you?
1:26.7	Really would make us feel a little bit better to see that at least some of the losses
	...

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