Consumer Sentiment Drops
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 9 December 2022
⏱️ 8 minutes
🧾️ Download transcript
Summary
Discover what it means when consumer sentiment drops.
The article is here: https://www.cnbc.com/2022/11/11/consumer-sentiment-weakened-sharply-in-november-survey-shows.html
Are you on track for financial freedom...or not?
Financial freedom is a combination of money, compounding and time (my McT Formula). How well you invest can make the biggest difference to your financial freedom and lifestyle.
If you invested well for the long-term, what a difference it would make because the difference between investing $100k and earning 5 percent or 10 percent on your money over 30 years, is the difference between it growing to $432,194 or $1,744,940, an increase of over $1.3 million dollars.
Your compounding rate, and how well you invest, matters!
INVESTING IS WHAT THE BE WEALTHY & SMART VIP EXPERIENCE IS ALL ABOUT
- Invest in digital assets and stock ETFs for potential high compounding rates
- Receive an Asset Allocation model with ticker symbols and what % to invest
-Monthly LIVE investment webinars with Linda 10 months per year, with Q & A
-Private VIP Facebook group with daily community interaction
-Weekly investment commentary
-Extra educational wealth classes available
-Pay once, have lifetime access! NO recurring fees.
-US and foreign investors are welcome
-No minimum $ amount to invest
-Tech Team available for digital assets (for hire per hour)
For a limited time, enjoy a 50% savings on my private investing group, the Be Wealthy & Smart VIP Experience. Pay once and enjoy lifetime access without any recurring fees. Enter "SAVE50" to save 50% here: http://tinyurl.com/InvestingVIP
Or set up a complimentary conversation to answer your questions about the Be Wealthy & Smart VIP Experience. Request an appointment to talk with Linda here: https://tinyurl.com/TalkWithLinda (yes, you talk to Linda!).
SUBSCRIBE TO BE WEALTHY & SMART
Click Here to Subscribe Via iTunes
Click Here to Subscribe Via Stitcher on an Android Device
Click Here to Subscribe Via RSS Feed
LINDA'S WEALTH BOOKS
1. Get my book, "3 Steps to Quantum Wealth: The Wealth Heiress' Guide to Financial Freedom by Investing in Cryptocurrencies".
2. Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!"
Men love it too! After all, you are Wealth Heirs. :)
International buyers (if you live outside of the US) get my book here.
WANT MORE FROM LINDA?
Check out her programs.
Join her on Instagram.
WEALTH LIBRARY OF PODCASTS
Listen to the full wealth library of podcasts from the beginning.
SPECIAL DEALS
#Ad Apply for a Gemini credit card and get FREE XRP back (or any crypto you choose) when you use the card. Charge $3000 in first 90 days and earn $200 in crypto rewards when you use this link to apply and are approved: https://tinyurl.com/geminixrp This is a credit card, NOT a debit card. There are great rewards. Set your choice to EARN FREE XRP!
#Ad Protect yourself online with a Virtual Private Network (VPN). Get 3 MONTHS FREE when you sign up for a NORD VPN plan here.
#Ad To safely and securely store crypto, I recommend using a Tangem wallet. Get a 10% discount when you purchase here.
#Ad If you are looking to simplify your crypto tax reporting, use Koinly. It is highly recommended and so easy for tax reporting. You can save $20, click here.
Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America's Wealth Mentor.™ Learn simple steps that make a big difference to your financial freedom.
(This post contains affiliate links. If you click on a link and make a purchase, I may receive a commission. There is no additional cost to you.)
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Be wealthy and smart, episode 1,126. |
| 0:03.4 | I'm gonna live the rich life. |
| 0:07.4 | It's like, |
| 0:08.0 | If y'all know what I mean, put your hands up and declare with me |
| 0:14.2 | Yeah, I'm full of bed I'm gonna live a good I'm gonna live a good life |
| 0:21.1 | a beautiful and glorious life Step into a world of wealth and wealth and financial freedom without budgets, boredom or bosses on be wealthy and smart. |
| 0:34.5 | And now here's your host, Linda P. Jones. |
| 0:38.8 | Welcome to be wealthy and smart. |
| 0:40.3 | I'm Linda P. Jones, America's wealth mentor. Empowering Women and Men Worldwide to Financial Freedom. |
| 0:45.0 | On today's show, we're going to talk about consumer sentiment dropped last month and why that's important. |
| 0:52.0 | Consumer sentiment is one of those things that's a really |
| 0:55.2 | good indicator of what the consumer really feels and is really planning to do looking |
| 1:01.4 | forward. It's one of those things that's important because 60% and some people |
| 1:06.9 | say as much as 70% of the economy is really dependent on how much money the consumer spends. |
| 1:15.0 | So it's really all about the consumer feeling confident or not confident about how much money they're going to spend. |
| 1:22.0 | Are they going to make larger purchases? Are they |
| 1:24.3 | going to purchase those big ticket items? Are they going on vacation this year? Is this the year to buy |
| 1:28.6 | a new car? etc? So it really tells us a lot about what's in the consumer's mind and that can tell us how they're feeling about spending down the road which can be the strongest indicator of all with the economy. And that's why it's important. We all know this has |
| 1:45.8 | been a difficult year with interest rates rising and the potential of a |
| 1:49.8 | recession businesses have slowed down fully 80% of people now believe we're going to have |
| 1:56.2 | a recession in 2023. |
| 1:58.6 | Whether we do or not remains to be seen, but that is the mood of the country. Now what the University of Michigan |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Linda P. Jones, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Linda P. Jones and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.