The Federal Reserve left interest rates unchanged.

Inflation also remained unchanged.

Employment ticked up the S&P 500 hit new highs.

The Game Stop guy is back.

There were elections in Europe and there's a whole lot going on with student debt.

Welcome to the monthly economic update episode of the Afford Anything podcast.

This is the show that understands you can afford anything but not everything.

Every choice carries a trade-off.

And that applies not just to your money but to your time, your focus, your energy, your attention,

to any limited resource that you need to manage and that opens up two questions.

What do you care about most and what sacrifices are you going to make in order to prove that?

I'm your host Paula Panth, once a month we do a monthly economic update

episode and so welcome to the June 2024 monthly economic update episode. To my longtime listeners, thank you for your patience.

We typically do these episodes on the first Friday of the month,

but last week I was in Boise, Idaho.

Beautiful city, maybe one of the cleanest places in America I have ever seen.

A lot of remote workers are moving there that was a trend that actually started about a decade

prior to the pandemic.

I remember looking at rental properties there back in 2014-2015 and even back then I thought man

too late and of course that was mistake thinking because wow what a run-up it's had so let that be a lesson I make these

mistakes too anytime that you are comparing numbers to recent prior

numbers and thinking oh look at the run-up that it's had, does that mean I've missed the run-ups,

...