Financial Lessons We Learned - and What’s Ahead for 2025
Afford Anything | Make Smart Money Choices
Paula Pant | Cumulus Podcast Network
4.7 • 3.6K Ratings
🗓️ 30 December 2024
⏱️ 61 minutes
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| 0:00.0 | Happy New Year's Eve. In today's episode, we're going to cover financial and economic lessons |
| 0:05.7 | that we learned from 2024, as well as what's ahead for 2025. Welcome to the Afford Anything |
| 0:12.6 | Podcast, the show that understands you can afford anything, but not everything. Every choice carries |
| 0:18.0 | a tradeoff. And that's true, not just for your money, but your time, focus, energy, any limited resource you need to manage. |
| 0:24.7 | This show covers five pillars, financial psychology, increasing your income, investing, real estate and entrepreneurship. |
| 0:30.5 | It's double-eye fire. |
| 0:32.3 | I'm your host, Paula Pant. |
| 0:33.7 | I trained in economic reporting at Columbia, and I help you craft decisions that build wealth. |
| 0:38.5 | And speaking of wealth building decisions, what a year, 2024 has been. |
| 0:45.4 | The biggest takeaway from this year is that 2024 was a year all about the edges. |
| 0:53.4 | Those small shifts that end up making massive differences, we're talking |
| 0:59.5 | about the edges that tip the balance over to the inflection point. Because think about it, |
| 1:05.2 | we've got the S&P 500 up nearly 34% this year. Inflation has cooled back to a two-handle. That's higher than 2% less than 3%. |
| 1:13.1 | And yet, there's an intense undercurrent of caution from some of the biggest voices in finance |
| 1:20.0 | who warn us that we're not out of the woods and that warning signs around potential black swans |
| 1:26.5 | are present. |
| 1:28.4 | So today, we're going to unpack what happened in 2024, |
| 1:32.8 | from the resilient U.S. economy to some pretty dramatic developments in science and tech, |
| 1:39.2 | that frankly didn't get the attention that they deserved. |
| 1:42.6 | And more importantly, we're going to talk about what this means for your money in 2025 and beyond. |
| 1:48.7 | So let's dive in with what I think is one of the most compelling storylines of the year. |
| 1:55.8 | It's the story of gloom amidst growth. |
... |
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