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Be Wealthy & Smart

How to Tariff Proof Your Personal Finances

Be Wealthy & Smart

Linda P. Jones

Finance, News, Invest, Investing, Economy, Money, Financial, Business News, Business

4.8883 Ratings

🗓️ 2 May 2025

⏱️ 8 minutes

🧾️ Download transcript

Summary

Discover how to tariff proof your personal finances.

Are you investing well for financial freedom...or not?

Financial freedom is a combination of money, compounding and time (my McT Formula). How well you invest, makes a huge difference to your financial future and lifestyle.

If you only knew where to invest 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! 

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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. 

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Transcript

Click on a timestamp to play from that location

0:00.0

Be Wealthy and Smart, episode 1501. I'm going to live a good life.

0:21.6

Beautiful and glorious life.

0:24.6

Step into a world of wealth and financial freedom without budgets, boredom or bosses on Be Wealthy and Smart.

0:33.6

And now, here's your host, Linda P. Jones. Welcome to Be Wealthy and Smart. I'm Linda P. Jones,

0:41.1

America's wealth mentor, empowering women and men worldwide to financial freedom. On today's show,

0:46.3

we're going to talk about how to tariff-proof your personal finances. Now, some of the information

0:52.1

I've seen about this so far is like get an emergency fund or pay off your

0:57.4

debt. It's not really preparing you for any kind of supply disruption that we may have. And that's

1:03.6

what I want to talk about today. Because 90% of Americans expect tariffs to increase prices.

1:10.0

And increasing prices usually means that people

1:12.7

are going to experience higher costs at the store

1:16.3

or possibly even hoarding of certain products.

1:19.9

So with a little bit of forethought about what's important

1:22.5

in your life, you might be able to get ahead of some of this.

1:25.7

And here are some things that I'm doing in response to

1:28.9

the tariffs. First of all, I'm trying to think about what I use that comes from China. Now, things that

1:35.4

are made in America can be impacted from China if a part of something they need to produce that

1:42.2

or to distribute that product comes from China. So even though

1:46.2

it's made in America, they may also have some disruption. But the biggest thing you want to look for

1:52.1

is what are the things that you're using that are made in China? Are there medicines that you use?

1:57.6

Are there foods that you buy on a regular basis? What are the things that may come from

2:03.2

China? Now, I tend to eat organic food and not a lot of processed food, but I do have some things

...

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