IBJ Podcast: Pete the Planner says the best thing to do now is ‘stop spending money’

Keywords Finances / Podcast
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Americans are back in the throes of financial anxiety. Folks with most of their savings in the stock market have been in the profoundly uncomfortable position of watching their portfolios lose 20% to 25% of their value since the beginning of the year. Gas is still near its all-time high and is continuing to play a major factor in skyrocketing inflation. And most experts agree that if we’re not already in a recession, there’s still a very good chance we’ll get stuck in one soon.

IBJ Podcast host Mason King calls on frequent guest Peter Dunn—aka Pete The Planner—to give listeners a pep talk, or at least some straight talk about what’s happening and what to expect. He hits the major topics from inflation to recession, as well as the strategies for riding out the latest fiscal downturn such as gas-tax holidays and Fed rate increases.

To be frank, Pete’s major takeaway is a return to frugality. And be ready for more anxiety this fall, when we really start to feel the restrictions of recession.

Click here to find the IBJ Podcast each Monday. You can also subscribe at iTunesGoogle PlayTune In, Spotify and anyplace you find podcasts.

You can also listen to these recent episodes:

IBJ Podcast: What lies beneath downtown’s Diamond Chain site?

IBJ Podcast: Ryan Vaughn talks sports, tech and whether he might someday run for mayor

IBJ Podcast: Examining the $175M plan for downtown’s City Market block

IBJ Podcast: Is a funding slowdown hitting the local tech sector?

IBJ Podcast: Inside the risk-taking mindset of Maven Space’s co-founder, CEO

Looking for another podcast to try? Check out IBJ’s The Freedom Forum with Angela B. Freeman, a monthly discussion about diversity and inclusion in central Indiana’s business community.

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