Building Wealth in a Recession and Teaching Financial Wisdom

Welcome back to the second half of my conversation with Anna Kelley. Last week, we talked about how she and her family achieved financial freedom. (If you missed it, be sure to go back and listen to that conversation.) This time, we will be diving into the current real estate market, the economy, and the opportunities as a recession becomes more likely.

Listen in as Anna discusses the historical things that have happened and what those incidents have to do with what we’re seeing now. You’ll learn what’s going on in the banking system, why values are falling, how rates are going up, the cash flow possibilities, and more.

Minute Markers:

2:53 – How Anna views the challenges and opportunities in the current economy.
6:25 – One thing people may not understand about falling values.
9:06 – What will happen if we continue to have problems in banking.
10:20 – What are interest rates based on, and how do they affect things in the short and long term?
12:13 – How the recession will be called and how the NBER tracks recessions.
15:20 – How governments deal with debt and what to watch out for.
18:28 – Where to start when using debt as an asset.

Featured on the Show:

#assetgrowth #familyfinance #financialdiscipline #financialeducation #financialfreedom #financialindependence #wealthbuilding #investmentstrategies #marketcycles #realestateinvestment #retirementplanning #wealthaccumulation

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