Friday Flight - Bank Blow-Ups, Is Your Money Safe, & Plastered Purchases #645
How to Money
iHeartPodcasts
4.6 • 3.2K Ratings
🗓️ 17 March 2023
⏱️ 31 minutes
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Summary
Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: Costco refunds, asking for a discount, bank blow-ups, whether your money is safe, how to score more FDIC coverage, where rates might be headed, AI financial advice, plastered purchases, in-app purchases cost you more, and a big thanks to Argentina M for telling others about the HTM Newsletter that we publish every Tuesday morning- it’s fun, free, practical, and we think it’ll help you to get ahead with your money!
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Transcript
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| 0:00.0 | The biggest black market you've never heard of might be blooming right under your nose. |
| 0:04.4 | This plant could sell for between 10 and 15 thousand dollars on the open market. |
| 0:08.4 | And where there's big money, there are bigger risks. |
| 0:12.0 | We would just tie up these big M16s stuck to our heads. |
| 0:15.2 | I'm Summer Rain Oaks. I'm a plant expert and author. |
| 0:18.3 | On the Bad Seeds podcast, we explore why your favorite house plants might have a criminal record. |
| 0:24.3 | Listen to Bad Seeds on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. |
| 0:30.3 | Welcome to How To Money. I'm Joel and to I Am Matt. |
| 0:33.6 | And today we're talking bank blowups if your money is safe and plastered purchases. |
| 0:54.3 | That's right, buddy. This is a Friday flight. |
| 1:00.3 | And we are going to just take a minute and talk about the bank blowups. |
| 1:04.8 | You know, I'm actually kind of torn because on one hand, I don't want to talk about this because |
| 1:09.3 | it has not yet affected most individuals out there and how it is that they should |
| 1:14.3 | handle their money, what they should be doing. |
| 1:16.0 | But on the other hand, it's probably good for us to cover this and make sure folks are aware |
| 1:20.0 | that this is maybe something to keep an eye on. |
| 1:22.6 | I mean, I think the media has fueled a bit of a frenzy kind of when we're talking about what happened at SVB. |
| 1:28.6 | But we need to add some, I think, sanity to the conversation and really help individuals. |
| 1:33.4 | Like, what does this mean for your money? |
| 1:34.6 | Because a lot of people are making decisions based on the headlines that they're seeing based on some of the articles that they're reading. |
| 1:39.4 | Or maybe they're not making decisions, but the emotions are kind of like at 11 and they're feeling maybe a little bit nervous. |
| 1:46.2 | And so hopefully we can alleviate some of those fears that you might have. |
... |
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