Episode 421- How to Stay Financially Grounded in Uncertain Times

In this solo episode of the Journey to Launch Podcast, I break down how to navigate the financial turbulence caused by recent economic changes. Whether it’s the unpredictable stock market, rising costs, or job insecurity, I’ll walk through the 2 intangible and 4 tangible steps you can take today to protect and grow your money. You’ll obtain actionable strategies that will help you feel more in control during uncertain times.

Key Takeaways:

• Mindset & Habits: Slow down, don’t panic. Regularly check in on your finances to stay grounded and make informed decisions rather than reacting emotionally.
• Income: Evaluate the stability of your industry and job. Consider upskilling or starting a side hustle to boost financial resilience.
• Expenses & Assets: Trim non-essential spending and pause major purchases. Prioritize building your emergency fund—even in small amounts—and keep cash accessible.
• Debt Management: Stay on top of your debts. Focus on minimum payments, avoid taking on new liabilities, and explore options to negotiate if needed.

Other Links Mentioned in episode: 

• Get the FIRE Calc Tool For Yourself Here.
• Join the Journey to Launch Book Club to dive deeper into financial freedom with guided discussions and resources here!
• Get your copy of my book: Your Journey To Financial Freedom!
• Join The Weekly Newsletter List to get updates, deals & more!
• Leave Your Journey To Financial Freedom a review!
• Get The Budget Bootcamp
• Check out my personal website here.
• Leave me a voicemail– Leave me a question on the Journey To Launch voicemail and have it answered on the podcast!
• YNAB –  Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 34 days trial of YNAB, my go-to budgeting app by using my referral link.
• What stage of the financial journey are you on? Are you working on financial stability or work flexibility? Find out with this free assessment and get a curated list of the 10 next best episodes for you to listen to depending on your stage. Check it out here!

Connect with me:

• Instagram: @Journeytolaunch
• Twitter: @JourneyToLaunch
• Facebook: @Journey To Launch
• Join the Private Facebook Group
• Join the Waitlist for My FI Course
• Get The Free Jumpstart Guide