Earn & Invest
511. Community Episode: Are Recessions Good For You? w/ Joe Saul-Sehy, Christina Gawlik, and Joseph Skillen
Mar 28, 2024
Financial expert Joe Saul-Sehy, Christina Gawlik, and Joseph Skillen discuss the benefits of recessions, including finding purpose and strength, exploring the impacts of technology on happiness, reflecting on personal growth during the pandemic, and balancing wealth accumulation with fulfillment.
54:41
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Quick takeaways
- Recessions can lead to increased longevity by promoting resilience and purpose, especially for older adults.
- Financial challenges during recessions can drive individuals towards innovative ventures and meaningful accomplishments.
Deep dives
Recessions and Longevity
Research suggests that economic downturns can lead to increased longevity, as seen during the Great Recession where mortality rates dropped notably, especially among older adults and those without a college education.
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