Financial Survival Network

Summary: Printing money during the pandemic has unsurprisingly caught up with us. What does this mean for interest rates, real estate, and our everyday finances? Debbie Bloyd comes on the show to talk about some of the most pressing consequences of inflation—the shift in the psychology of the housing market being a major one. Since rates today are nearly double what they were last year, buyers have lowered their budgets and accepted that this is the new normal. There is not much that we can do to change these circumstances, but Debbie talks about the things we can control, such as leveraging the money you already have and looking to buy rather than rent when possible. Tune in for more great insights from Debbie. Highlights: -The decisions being made in D.C. have major consequences. We printed a lot of money to help people during the pandemic, but the effects of this catch up with us at some point -It is costing people to live more now than ever before -A lot of people on fixed income are struggling -Rates tod