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Networth and Chill with Your Rich BFF

What Trump's Economic Plan Means For YOU!

Networth and Chill with Your Rich BFF

Vivian Tu

News, Business, Careers, Business News, Entrepreneurship

4.41.6K Ratings

🗓️ 22 January 2025

⏱️ 30 minutes

🧾️ Download transcript

Summary

Hey besties! Today we have a solo Vivian yap session! The topic? Trump’s economic policy and how it’ll affect YOU! I’m breaking down his proposed policies, the good, the bad and the ugly and giving you actionable steps to ensure that you are able to prepare. You might hear words like tariffs or social security benefits in the news without actually knowing what it actually means or how it’ll affect you. Hopefully you can walk away from this episode with some actionable tips and advice to ensure you are able to protect your financial future.  Follow the podcast on Instagram! Got a financial question you want answered in a future episode? Email us at [email protected] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

When corporations are allowed to do whatever they want, they're going to prioritize one thing, making a lot of money.

0:11.0

If you are banking on Social Security as your retirement plan, that's probably not a good idea.

0:18.7

Ready to launch your business? Get started with the commerce platform made for

0:22.9

entrepreneurs. Shopify is specially designed to help you start, run and grow your business with

0:28.1

easy customizable themes that let you build your brand, marketing tools that get your

0:32.6

products out there. Integrated shipping solutions that actually save you time. From startups to

0:37.4

scaleups,ups online in person

0:39.7

and on the go shopify is made for entrepreneurs like you sign up for your one dollar a month

0:44.9

trial at shopify.com slash setup what's up rich? Welcome back to another episode of Net Worth and Chill. I'm your host,

1:00.9

Vivian 2, aka Your Rich BFF, and your favorite Wall Street girly. If you're listening to this,

1:06.9

Trump just got inaugurated. And there has never been a more important time to become financially

1:12.7

literate. Donald Trump won the election in no small part due to his stance on the economy and the

1:18.5

policies he implements are going to impact you. And whether you feel powerful or powerless right now,

1:24.6

it's really important that you understand what's going on and what moves

1:28.7

you can make to put yourself in the best position possible. So this episode is going to cover a few

1:36.1

major changes that we can anticipate and what you need to do to take advantage or defend against

1:42.1

what's about to happen. Let's get into it. Okay. So first up,

1:47.8

let's talk about corporations. Donald Trump has said that he plans on providing corporate tax cuts

1:53.6

and limiting government regulation. And this has been something that has been a strong talking

2:00.0

point of pretty much all Republican presidents,

2:02.5

but in particular with the Trump administration. And no surprise, when corporations are allowed

2:09.3

to do whatever they want, they're going to prioritize one thing, making a lot of money. They do not care about literally anything else. And again,

...

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