Welcome to the Friday Five, the five pieces of financial information you need to know going into the weekend.
1. The most important piece of news for the week came in the form of a joint statement from The Fed, Treasury, and FDIC Sunday.
2. While the above news is uncomfortable, the best commentary on the larger issue I found came from Ray Dalio.
3. We think one of the best-kept secrets and something we will not gatekeep is affiliate marketing and how it works with editorial magazines. We scoured the internet to find an article but, spoiler alert, when our Podcast episode from Kelsey Ogletree comes out you are going to want to listen in. In the meantime start thinking about holiday guides for small business owners and get those ducks in a row!
4. Members section: here is your carefully curated content we have hand selected for you this week based on your glidepath. It’s never too late to join us, and it’s now extremely economical: ($15/mo or $150/year).
Here is the content for each glidepath this week:
HEIDI: Week 11: Write Your Way to Wealth – How to stay focused on your money goals.
PRIM: Week 11: Mindfulness & Money – Mindful Spending
POLLY: Week 11: Part one of a series of articles on finding purpose.
EMMA: Week 11: Prioritizing Dreams & Vision – Overnight Exercise 3.
GEMS: Week 11: Comeback Theory Foundation V – The Pivot
SARA: Week 11: All The Single Ladies – How to have the right mindset.
PRIM: Week 11: Mindfulness & Money – Mindful Spending
POLLY: Week 11: Part one of a series of articles on finding purpose.
EMMA: Week 11: Prioritizing Dreams & Vision – Overnight Exercise 3.
GEMS: Week 11: Comeback Theory Foundation V – The Pivot
SARA: Week 11: All The Single Ladies – How to have the right mindset.
Not sure of your glidepath? Take our quiz here.
5. You need to worry very little about bank runs if you have your cash flow in order. Continuing our financial literacy series we think this is the #1 thing people get wrong – they focus on stock returns, growing businesses – but what about just simply how much you spend vs what you make and what you owe?
If you like the vibe of the Friday Five, please share it with your friends!
Happy weekend,
Lauren & Emily