How to Money

Friday Flight - Credit Crunch, MAGA Money, & Gas Gouging #987

May 23, 2025
This week dives deep into the financial trends affecting your wallet. Discover what a credit crunch really means and how MAGA money plays into the mix. Navigate the ethics of gas gouging and uncover strategies to save on fuel. Explore the rising costs of home internet, and why small businesses might be your best investment yet. Plus, get the scoop on turning nostalgic cereal tales into financial lessons. Get ahead by learning about gold versus real estate, and effective ways to manage your finances.
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ANECDOTE

Dishwasher Flipping Success

  • Joel bought four dishwashers and sold three on Facebook for a profit.
  • He effectively got paid to install a new dishwasher in his home, making it a great deal.
INSIGHT

US Credit Downgrade Context

  • The US credit downgrade highlights fiscal mismanagement but is not a crisis.
  • Despite deficits, America's credit remains stronger and bigger than nearly every country.
ADVICE

Teens Succeed with Skilled Trades

  • Skilled trades like welding offer teenagers high-paying job opportunities without college debt.
  • Starting work early can help avoid student loans and gain financial maturity.
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