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How to Money

Friday Flight - Finding Drug Money, Bear Markets & the End of Millennial Subsidies #528

How to Money

iHeartPodcasts

Business, Investing, Education

4.63.2K Ratings

🗓️ 17 June 2022

⏱️ 35 minutes

🧾️ Download transcript

Summary

Time for our Friday Flight! These episodes are a sampling of the week’s financial news and the impact on your personal finances. There are a lot of headlines out there, but we distill it down to specific takeaways that will allow you to kick off the weekend informed and help you to continue to make smart money moves. In this episode we cover some relevant and helpful stories like: signing up to be a squid game contestant, why it’s good news to officially enter a bear market, auto-enrolling leading to financial independence, the simple path to wealth, the end of millennial subsidies, a Bitcoin academy in public housing, what terrible crypto performance means for your portfolio, high earners living paycheck to paycheck, more medical bill price transparency, & finding drug money.

 

And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!

 

Best friends out!

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Hey, I'm Joel Stein. I want you to close your eyes and imagine a pocket watch.

0:05.6

It's moving from side to side. You're getting very sleepy.

0:11.6

Great. Now that I've hypnotized you against your will, you're going to start liking long-form journalism.

0:16.2

Like so much. You're going to listen to a podcast where the host interviews a writer about their long-form story every week.

0:23.6

I'm that host.

0:25.0

Listen to Story of the Week on the I Heart Radio app Apple Podcast or wherever you get your podcast.

0:30.3

I'm Danish Ward's host of Stealing Superman, a new I Heart original podcast about the most unlikely art heist of all time.

0:40.6

It was Nick Cage's own personal national treasure.

0:44.9

At a 1999 New Year's Eve party, someone snatched Cage's priceless comments.

0:52.4

But who? Listen to Stealing Superman on the I Heart Radio app Apple Podcasts or wherever you find your favorite shows.

1:00.7

Hi, it's Bethany Frankel. My time on the Real Housewives of New York is a few years behind me.

1:05.7

And now I'm ready to put the real back into the Real Housewives.

1:09.1

That's where my new podcast Rewives comes in. This isn't your typical rewatch podcast.

1:13.9

I'm bringing on unexpected thought leaders and celebrities to give their take on the chaos.

1:18.5

In my first episode, I dig into the scary island, Rooney episode with Elizabeth Moss.

1:23.8

It's one of my favorite shows I've ever done, so don't miss it.

1:27.3

Listen to Rewives with Bethany Frankel on the I Heart Radio app Apple Podcasts or wherever you get your favorite podcasts.

1:35.7

Welcome to Hadamunny. I'm Joel and I am Matt.

1:38.9

And today we're discussing Drug Money, Bear Markets, and the End of Millennial Subsidies.

2:03.6

Yes, I'm guessing you only know what one of those stories is going to be about.

2:07.5

The other two, you're going to have to stick around because this is our Friday flight where we

2:12.4

cover some of the different headlines we've come across this week and we're going to discuss

...

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