4.4 • 1.6K Ratings
🗓️ 30 October 2024
⏱️ 58 minutes
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0:00.0 | $184,000 was the biggest commission check I ever made. |
0:04.8 | Wait, wait, 137 grand. |
0:07.5 | How'd you piss away 137 geez? |
0:09.6 | I'm not the sharpest tool in the shed. |
0:11.0 | I'm not the dullest either. This episode of Networth and Chill is brought to you by Marshals. I love sharing new tips on how to make the most of your money and |
0:25.1 | one of the biggest misconceptions about looking good is that you have to spend a lot and I'll be real with you. |
0:30.6 | I want those high quality items that will last but I'm also on the hunt for the best deal. |
0:36.0 | How can I dress in brand name on trend pieces without maxing out my credit cards? |
0:40.5 | My go-to place to do that is marshals where I know I can get the brands I love at 20 to 60% off retail prices. |
0:47.0 | Visit a store or head to Marshals.com to see what good stuff you can find today. What's up rich, rich, |
1:06.3 | up rich friends? |
1:07.4 | Welcome to another episode of Networth and Chill |
1:10.0 | with me, your host, Vivian 2, |
1:11.8 | aka your rich BFF and your favorite Wall Street |
1:14.4 | girly. And today it's going down and by it I mean interest rates. I think we've all |
1:21.2 | seen the headlines and the Fed aka the one bank to rule them all, is lowering interest rates. |
1:26.3 | And they're going to continue to do so through the end of the year and into early 2025. |
1:31.0 | And specifically, what they're lowering is actually called the Fed Funds |
1:34.7 | Rate. This is a friends and family that banks use for each other to borrow |
1:38.8 | money overnight. But the reason this is so important is because the Fed funds rate determines all other borrowing interest rates in our economic ecosystem. |
1:48.5 | So everybody's mortgages and car loans and private student loan rates all depend on the Fed funds rate. |
1:55.0 | And the big question on everybody's mind right now is if interest rates are dropping it like it's hot, |
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