Afford Anything

First Friday: What 2026 Means for Your Money

69 snips
Jan 3, 2026
As 2026 begins, listeners are greeted with mixed financial news. Gas prices have dipped below $3, but health insurance costs are soaring. The economy shows surprising GDP growth against a backdrop of rising unemployment. While the stock market thrives, many feel the pinch at the checkout, highlighting the disparity between wealth and income. The term 'millionaire malaise' encapsulates this reality, where paper assets look great, but life's essentials remain burdensome. Practical financial tips and goals for the year are also shared.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ADVICE

Pick One Primary Financial Goal

  • Pick one primary financial goal for 2026 and commit to it publicly.
  • Share it and find an accountability buddy to keep it top of mind.
INSIGHT

Stagnant Job Market Raises Fed Dilemma

  • Jobs data show stagnation with modest gains and unemployment at 4.6%.
  • Rising unemployment creates pressure for rate cuts but risks rekindling inflation.
INSIGHT

Fed Cuts With Growing Internal Dissent

  • The Fed cut rates by 0.25% in December but showed significant dissent.
  • Many officials now demand stronger unemployment signals before approving further cuts.
Get the Snipd Podcast app to discover more snips from this episode
Get the app