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HerMoney with Jean Chatzky

The 2024 Election And Your Wallet

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Entrepreneurship, Business

4.8 • 1.3K Ratings

🗓️ 1 November 2024

⏱️ 32 minutes

🧾️ Download transcript

Summary

We are right on the eve of what is going to be a truly pivotal election. And this year, more than many others, it seems there's a unique urgency in the air. At least part of that is because each candidate has pledged to make changes to critical facets of American life — including to our personal finances.  Catherine Rampell, nationally syndicated opinion columnist at the Washington Post, joins us to dissect the issues and how the 2024 election can impact the broader financial system (and our personal economies). CHAPTERS: 00:00 Understanding Voter Awareness and Candidate Platforms 02:59 Inflation: Candidates' Influence and Economic Policies 09:05 Price Gouging and Its Implications 12:03 Student Loan Proposals and Their Impact 14:54 Social Security: Candidates' Stances and Future Challenges 18:08 Tax Policies and Their Economic Implications 21:01 Stock Market Trends and Candidate Influence TAKEAWAYS: Inflation remains a top concern for American voters but Presidents have limited control over inflation and price levels. The Federal Reserve's independence is vital for economic stability. Student loan proposals vary significantly between candidates. Social Security faces financial challenges regardless of the elected candidate. Tax policies proposed by candidates could have long-term economic implications. Stock market performance is influenced by various factors beyond presidential control. Learn more about our Finance Fixx program here. Use code PODCAST for a $100 discount.  Thank you to Gainbridge® for supporting the HerMoney podcast. Gainbridge® created ParityFlex™, a multi-year guaranteed annuity, to offer women security and flexibility at a time when they need it the most—retirement. Learn more about ParityFlex™ here. The HerMoney with Jean Chatzky podcast is sponsored by Edelman Financial Engines. The podcast team and its host are neither employees nor clients of EFE, however, the show does receive fixed compensation and is a paid endorser and therefore has an incentive to endorse EFE and its planners. To learn more about the sponsorship, please visit PlanEFE.com/HerMoney. Please contact [email protected] if you would like to advertise on our podcast, and to learn more about Airwave, head to www.airwavemedia.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You're listening to an Airwave Media podcast.

0:05.6

Her money is proudly sponsored by Edelman Financial Engines.

0:09.5

You saved for college, for a house, and for retirement.

0:12.5

And now that you're on your own, it's time to put yourself first.

0:17.4

Is your money buying you the life that you want?

0:20.4

If you're not sure, learn more by scheduling a complimentary wealth checkup today at plan eFE.com

0:27.4

slash her money.

0:29.8

Love the holidays but hate grocery shopping.

0:32.9

I get it.

0:33.7

I love cooking for my family on Thanksgiving, but it can be a little stressful to see all the items adding up.

0:40.3

I'm going to let you in on a little secret that makes it all less stressful.

0:44.7

I Bata.

0:45.6

I Bada is making your Thanksgiving easier with cashback on everything you need to make your perfect holiday meal so you can get the turkey and your favorite sides for free.

0:55.7

This month, Ibada is giving new users 100% cash back on your Thanksgiving feast.

1:02.3

Other apps give you points that don't amount to much.

1:05.1

With Ibada, you get real cash back that you can cash out to your bank account, PayPal, or gift

1:10.3

cards.

1:29.4

All you have to do is shop at your favorite retailers and upload your receipt. Download the IBata app now and use code Her Money to get 100% back on your Thanksgiving feast starting November 1st. Just go to the App Store or Google Play Store and download the free IBata app and use code Her Money.

1:34.0

That's IBata in the Google Play or App Store and use code Her Money.

1:38.9

Hey everyone, I'm Gene Chatsky.

1:41.4

Thanks so much for joining me today on Her Money.

1:46.6

We are right on the eve of the presidential election here in the United States. This episode is dropping the Friday before we all go out and vote next Tuesday in what is

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