I'm Constantly Worried About Money
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 15 July 2021
⏱️ 17 minutes
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Summary
You're only in your 20s and doing everything you should be doing to prepare for retirement, yet you find yourself constantly worried about money. What's the solution?
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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
Transcript
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| 0:00.0 | Welcome to the Jill on Money Podcast. It is Thursday, July 15th. Okay. I've had a little |
| 0:09.6 | bit of time to digest it. Prices are high. Mark, where have you seen inflation out and |
| 0:15.4 | about in your life? Tell me where. Mark says he's not really even looking because it's |
| 0:21.6 | the stuff he needs and he's buying constantly. So it's not like you have a choice. So in |
| 0:27.2 | other words, I'll tell you where I saw it. I was in fairway, my local grocery store. I went |
| 0:34.2 | in recently and I always get a roguelah and dive and then I get ridicchio. I usually would pay, |
| 0:43.2 | you know, whatever it is, like not that much for a roguelah. Let's say $3.99 for this thing of a |
| 0:47.6 | roguelah and then the end dive would be $3.99 a pound and sometimes the ridicchio was like $5.99 |
| 0:54.9 | yesterday when I went in, the ridicchio was $6.99, the end dive was $6.99 and the roguelah was $4.99. |
| 1:03.2 | Did I change? You're right. I did. I did change. I made myself a different kind of a salad. |
| 1:09.1 | I did. And shockingly, I know you wouldn't have thought that, but I was like, you know what? I'm okay. |
| 1:14.9 | I can figure out how to do a different salad, which I did. Anyway, the labor department said that |
| 1:21.3 | the CPI is up 5.4% for a year ago. It's the highest 12 month rate since August of 2008. You probably |
| 1:28.8 | don't remember this, but right before the financial crisis in 2008, crude oil was spiking above |
| 1:35.3 | a hundred bucks a barrel. And so that's why the CPI was up so high in that particular month. But |
| 1:40.3 | anyway, prices are up. Prices are up for lots of different reasons. Like don't go out and buy |
| 1:45.1 | a used car or a truck. You know, that's a weird thing also because that was a case where we had |
| 1:51.6 | these rental car companies unloaded their fleets of old used cars on the market early in the |
| 1:58.2 | pandemic. And now there's no used cars out there. Prices for used cars and trucks up 10 and a half |
| 2:03.0 | percent from the previous month. It's a third of the rise in the overall index. Air fares are |
| 2:08.5 | up. Harrows are basically everything's up. Now, I think it's going to probably calm down. But |
| 2:12.7 | honest to God, these are real numbers. And remember when we had Diane swank on the show a few weeks |
... |
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