Episode 421- How to Stay Financially Grounded in Uncertain Times

Journey To Launch

Jamila Souffrant

Finances, Business, Realestateinvesting, Entrepreneurship, Earlyretirement, Investing, Budgeting, Wealth

5 • 1.7K Ratings

🗓️ 9 April 2025

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this solo episode of the Journey to Launch Podcast, I break down how to navigate the financial turbulence caused by recent economic changes. Whether it’s the unpredictable stock market, rising costs, or job insecurity, I’ll walk through the 2 intangible and 4 tangible steps you can take today to protect and grow your money. You’ll obtain actionable strategies that will help you feel more in control during uncertain times.

Key Takeaways:

Mindset & Habits: Slow down, don’t panic. Regularly check in on your finances to stay grounded and make informed decisions rather than reacting emotionally.
Income: Evaluate the stability of your industry and job. Consider upskilling or starting a side hustle to boost financial resilience.
Expenses & Assets: Trim non-essential spending and pause major purchases. Prioritize building your emergency fund—even in small amounts—and keep cash accessible.
Debt Management: Stay on top of your debts. Focus on minimum payments, avoid taking on new liabilities, and explore options to negotiate if needed.

Transcript

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0:00.0	We can plan our best, we can do our best, and things happen.
0:06.7	That's honestly life.
0:08.1	And so it's our resiliency.
0:10.1	It's our view of ourselves and the compassion we have for ourselves that really, I believe, get us through this.
0:17.5	And that goes back to the mindset and habits piece of things, the intangible.
0:24.2	Welcome to the Journey to Launch podcast with your host, Jamila Sufron. As a money expert who walks
0:30.6	her talk, she helps brave journeyers like you, get out of debt, save, invest, and build real well.
0:38.7	Join her on the Journey to Launch to Financial Freedom in five, four, three, two, one.
0:50.9	If you want the episode, show notes for this episode, go to journey to launch.com or click the
0:57.0	description of wherever you're listening to this episode. In the show notes, you'll get the
1:01.9	transcribed version of the conversation, the links that we mentioned, and so much more. Also,
1:07.7	whether you are an OG journeyer or brand new to the podcast, I've created a free
1:12.6	jumpstart guide to help you on your financial freedom journey. It includes the top episodes
1:17.9	to listen to stages to go through to reach financial freedom, resources, and so much more.
1:22.9	You can go to journey to launch.com slash jumpstart to get your guide right now.
1:28.7	Okay, let's hop into the episode.
1:33.3	Hey, hey, hey, journeyers.
1:34.9	Welcome to the Journey to Launch podcast.
1:37.1	I am your host, Jamila Sufront, and I'm so glad you can join me today.
1:42.9	By the way, I call anyone on this journey with me to financial
1:46.7	freedom and living your best life to financial independent journeyers. And so once you start
1:52.4	listening, you're here. You're a journeyer. You can't jump off the ship now. And trust me,
	...

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