Episode 142: Strategies to Manage Your Money and Reduce Financial Anxiety During This Crisis + Tips on How to Save, Budget, and Plan for a Recession and a Layoff with Chris Hogan

The Dr. Leaf Show

Dr. Caroline Leaf

Health & Fitness, Mental Health

4.7 • 3.3K Ratings

🗓️ 22 March 2020

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

Handling your finances can be challenging at the best of times, but what happens when you are in the midst of a pandemic? How do you keep your money safe when the world around you is in a state of flux? In this podcast, I speak with financial expert Chris Hogan on strategies to manage your finances and reduce money anxieties during this crisis, as well as helpful tips on how to save, budget, and plan for a recession or a layoff. Podcast Time Highlights-2:05 Is the economy being quarantined?-2:32 The stock market is a living thing-3:26 How to control the controllables-4:08 Are the banks safe? -5:06 401Ks and the investment rollercoaster-6:18 Why you shouldn’t have all your eggs in one basket-6:41 What can we do if there is a recession?-7:58 Why is everyone talking about interest rates?-8:57 Is there any hope for small business owners?-12:00 Debt is always a threat-15:12 How can I support small business owners?-16:14 What can you do if you have been laid off?-19:57 How do you deal with market volatility?-23:22 Should you refinance your mortgage?-25:18 Who can you trust when it comes to financial advice? Read the episode transcript and blog: https://drleaf.com/blogs/news/strategies-to-manage-your-money-and-reduce-financial-anxiety-during-this-crisis-tips-on-how-to-save-budget-and-plan-for-a-recession-and-a-layoff For more info on Chris visit: https://www.chrishogan360.comAdditional reading: https://www.daveramsey.com/blog/how-an-epidemic-can-affect-the-economy Additional resources:Get my new 21 day brain detox program here: https://theswitch.app Register now for my 2020 Mental Health Summit Dec 3-5 in Dallas, TX! Early bird sale ends 3/31: https://www.drleafconference.com With all the stress, anxiety, social distancing and isolation stemming from the coronavirus, the need to connect with each other is more critical than ever. Join our dedicated Facebook group to stay connected with others and share your challenges and best tips for dealing with our new normal: https://www.facebook.com/groups/1870578619744226/?ref=share WHO website: https://www.who.int/emergencies/diseases/novel-coronavirus-2019/events-as-they-happen CDC website: https://www.cdc.gov/coronavirus/2019-ncov/prepare/cleaning-disinfection.html?CDC_AA_refVal=https%3A%2F%2Fwww.cdc.gov%2Fcoronavirus%2F2019-ncov%2Fcommunity%2Fhome%2Fcleaning-disinfection.html Visit my website at https://drleaf.com for more free resources, tips, and tools to help you improve and heal your mental health! And be sure to sign up for my weekly newsletter to get even more mental self-care tips delivered to your inbox weekly and to see my upcoming events (you can sign up at drleaf.com!) Follow me on social media for daily mental self-care tips and strategies!-Instagram: @drcarolineleaf: https://www.instagram.com/drcarolineleaf/ -Facebook: Dr. Caroline Leaf: https://www.facebook.com/drleaf -Twitter: @drcarolineleaf: https://twitter.com/DrCarolineLeaf-Youtube: https://www.youtube.com/drcarolineleaf If you enjoyed this episode please leave a 5 review on iTunes, Google Play, or wherever you are listening! And don't forget to subscribe and share this podcast with friends and family! I love seeing your posts on social media! For podcast sponsorship inquiries, questions regarding the episode, or topic suggestions please email dominique@drleaf.com Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0	Once you make a podcast, Spotify has got a platform that lets you make one super easily.
0:06.6	Then distribute it everywhere and even earn money, all in one place for free.
0:12.2	It's called Spotify for podcasters, and here's how it works.
0:16.6	Spotify for podcasters lets you record and edit podcasts right from your phone or computer,
0:22.4	so no matter what your setup is like, you can start creating today.
0:26.5	Then you can distribute your podcasts to Spotify and everywhere else podcasts are heard.
0:32.0	Video podcasts are also available on Spotify.
0:34.7	I mean you want to take conversations with your fans to the next level, Q&A and polls are the best way to get them talking.
0:41.7	With Spotify for podcasters you can earn money in a variety of ways, including ads and podcast subscriptions.
0:48.2	And best of all, it's totally free with no catch.
0:51.8	I highly recommend you give it a try.
0:54.0	Download the Spotify for podcasters app or go to www.spotify.com.
0:59.7	forward slash podcasters to get started.
1:10.4	Hi, I'm Dr Caroline Leif and welcome to my podcast, Cleaning Up the Mental Messe.
1:17.8	A podcast dedicated to helping you take back control of your mental and physical health.
1:24.3	In today's special episode, I am interviewing Financial Expert Chris Hogan
1:29.9	on how we can financially support ourselves during this coronavirus crisis.
1:36.0	Chris also shares some great advice and tips on how to manage your money during a crisis,
1:41.8	what to do if you've been laid off or forced to close your business,
1:46.0	how to navigate the stock market, and how to protect your savings and retirement funds.
1:52.1	If you have more questions and concerns regarding this crisis, join our support group on Facebook.
1:58.2	The link to join will be in the show notes and follow me on social media for more tips and stress management techniques.
	...

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