In this episode of Your Money Call, Diane King Hall discusses fresh economic data and consumerism. She starts by sharing about her meeting "Wall Street Trapper" and his passion for teaching financial literacy via the stock market. She then dives into the economic data, highlighting the better-than-expected GDP growth in the second quarter and the significance of consumer spending to the US economy. She also discusses a survey on how much time Americans spend online shopping and the focus on deals. King Hall emphasizes the need for balance between spending and saving, and shares her personal experience with budgeting and necessary expenses. She concludes by recommending budgeting apps and reminding listeners to open a high-yield savings account.
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* You can follow podcast host Diane King Hall @dianekinghall on all social channels.
*This podcast is for educational and informational purposes only. The content is not intended to be a substitute for financial or legal advice from your own financial advisor, accountant or attorney.
