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Understanding Money with Eoin McGee
Ireland's Financial Landscape
Oct 4, 2023
Renowned financial advisor Eoin McGee and economist Jim Power discuss topics such as inflation, interest rates, house prices, and the economic outlook for Ireland. They also provide financial advice and insights, including the importance of building a financial buffer and reducing expenditure. A guest shares their personal journey of moving back to Ireland and their experience with gambling addiction.
51:06
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Quick takeaways
- Understanding the impact of inflation and interest rates on personal finances and the importance of analyzing income, expenditure, and savings.
- The challenges faced by individuals in the rental market and the importance of obtaining mortgage approval and considering long-term investments.
Deep dives
Understanding the Macro World of Economics and Taking Control of Finances
The podcast episode explores the macro world of economics and the importance of understanding money. It emphasizes the need to dissect economic concepts, simplify them, and empower individuals to take control of their finances. The episode features interviews with an economist who explains the role of economists and the impact of economic activity on people's lives. The importance of analyzing economic transactions, resources, and outcomes is highlighted. The discussion also touches on interest rates, inflation, and the impact of global geopolitics on the economy. The episode concludes with personal stories and advice on managing finances, building a buffer, and investing in real estate.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode