Elizabeth Ayoola
👤 PersonAppearances Over Time
Podcast Appearances
But for those of us who don't have a hole to crawl into and come out of when the dust settles, can you walk us through some ways to cope with all of the noise happening if we can't tune it out?
But for those of us who don't have a hole to crawl into and come out of when the dust settles, can you walk us through some ways to cope with all of the noise happening if we can't tune it out?
But for those of us who don't have a hole to crawl into and come out of when the dust settles, can you walk us through some ways to cope with all of the noise happening if we can't tune it out?
Elizabeth, I think the traditional advice still definitely holds. It just has become more difficult. There's a lot more noise. So you want to tune out the noise that has no real potential impact, but you don't want to entirely plug your ears. And parsing the noise without impact from the potential impact is just so very difficult right now. Regardless, the fundamentals hold.
Elizabeth, I think the traditional advice still definitely holds. It just has become more difficult. There's a lot more noise. So you want to tune out the noise that has no real potential impact, but you don't want to entirely plug your ears. And parsing the noise without impact from the potential impact is just so very difficult right now. Regardless, the fundamentals hold.
Elizabeth, I think the traditional advice still definitely holds. It just has become more difficult. There's a lot more noise. So you want to tune out the noise that has no real potential impact, but you don't want to entirely plug your ears. And parsing the noise without impact from the potential impact is just so very difficult right now. Regardless, the fundamentals hold.
In times of economic stress, the best advice remains to shore up your emergency fund, manage your debt responsibly, and don't get reactive with your investments.
In times of economic stress, the best advice remains to shore up your emergency fund, manage your debt responsibly, and don't get reactive with your investments.
In times of economic stress, the best advice remains to shore up your emergency fund, manage your debt responsibly, and don't get reactive with your investments.
Well, I must say that people are not asking me what to do with their money, but I know what I'm doing with my money. I have personally been reviewing my budget more frequently, cutting back on unnecessary expenses like Instacart, Uber Eats. Can you believe I canceled my Amazon Prime? Proud of you. Thank you. Thank you. And also just upping my emergency savings.
Well, I must say that people are not asking me what to do with their money, but I know what I'm doing with my money. I have personally been reviewing my budget more frequently, cutting back on unnecessary expenses like Instacart, Uber Eats. Can you believe I canceled my Amazon Prime? Proud of you. Thank you. Thank you. And also just upping my emergency savings.
Well, I must say that people are not asking me what to do with their money, but I know what I'm doing with my money. I have personally been reviewing my budget more frequently, cutting back on unnecessary expenses like Instacart, Uber Eats. Can you believe I canceled my Amazon Prime? Proud of you. Thank you. Thank you. And also just upping my emergency savings.
I've also increased the amount I'm contributing to my retirement accounts. And to Liz's point, I do spend time reading the news, but spend the most of my time focused on what I can control.
I've also increased the amount I'm contributing to my retirement accounts. And to Liz's point, I do spend time reading the news, but spend the most of my time focused on what I can control.
I've also increased the amount I'm contributing to my retirement accounts. And to Liz's point, I do spend time reading the news, but spend the most of my time focused on what I can control.
The things that worry me as an individual aren't always the same things that worry me as an economist. And honestly, it's that difference that makes my job challenging. As an economist right now, the thing I'm concerned about is long-term effects on global trade relations and the place of the U.S. economy within the world.
The things that worry me as an individual aren't always the same things that worry me as an economist. And honestly, it's that difference that makes my job challenging. As an economist right now, the thing I'm concerned about is long-term effects on global trade relations and the place of the U.S. economy within the world.
The things that worry me as an individual aren't always the same things that worry me as an economist. And honestly, it's that difference that makes my job challenging. As an economist right now, the thing I'm concerned about is long-term effects on global trade relations and the place of the U.S. economy within the world.
Day to day, I'm watching things like inflation and the impact to the labor market, and I anticipate we're going to see some uncomfortable changes in both of these areas. But bigger picture, I'm concerned that the approach to economic policies under this administration could undermine the strength of our economy longer term. This is...
Day to day, I'm watching things like inflation and the impact to the labor market, and I anticipate we're going to see some uncomfortable changes in both of these areas. But bigger picture, I'm concerned that the approach to economic policies under this administration could undermine the strength of our economy longer term. This is...