Elizabeth Ayoola
๐ค PersonAppearances Over Time
Podcast Appearances
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...
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...
less of a sure thing than higher prices due to tariffs, that will happen. But it's a big concern of mine. And then what worries me as an individual is what I think worries most of us. What does the market volatility mean for my retirement? How will tariffs impact the cost to maintain my car? Because I really love my car too. So that's a big one.
less of a sure thing than higher prices due to tariffs, that will happen. But it's a big concern of mine. And then what worries me as an individual is what I think worries most of us. What does the market volatility mean for my retirement? How will tariffs impact the cost to maintain my car? Because I really love my car too. So that's a big one.
less of a sure thing than higher prices due to tariffs, that will happen. But it's a big concern of mine. And then what worries me as an individual is what I think worries most of us. What does the market volatility mean for my retirement? How will tariffs impact the cost to maintain my car? Because I really love my car too. So that's a big one.
If the worst case happens and we do enter a recession, who around me might lose their job? Is my emergency fund big enough? And can it ever be? I think these concerns are pre-universal.
If the worst case happens and we do enter a recession, who around me might lose their job? Is my emergency fund big enough? And can it ever be? I think these concerns are pre-universal.
If the worst case happens and we do enter a recession, who around me might lose their job? Is my emergency fund big enough? And can it ever be? I think these concerns are pre-universal.
Yes, I have many of these too, Liz, so I feel you. So is there anything I can absolutely 100% ignore?
Yes, I have many of these too, Liz, so I feel you. So is there anything I can absolutely 100% ignore?
Yes, I have many of these too, Liz, so I feel you. So is there anything I can absolutely 100% ignore?
I think the answer to that might be different for everyone. In an effort to stay informed, you may be putting yourself under undue stress. So I think the key to knowing how much information to consume is weighing the costs of that information. And that involves first understanding why you're paying attention.