October 13, 2025 • 16 mins
Worried about how a government shutdown could impact your finances? In this episode, Misty Lynch breaks down practical strategies to stay financially secure during uncertain times.
Where to find Misty
Websites:
- What a government shutdown actually means and who it affects
- The real impact on travel, loans, and small businesses
- Essential money moves to protect your finances during disruptions
- Why an emergency fund matters—and how to actually use it
- Tips for keeping calm, staying informed, and avoiding panic-driven financial decisions
Where to find Misty
Websites:
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
Welcome to the Demystifying Money podcast, where each week you
will hear unforgettable conversations with expert guests about success, money, business,
and small steps you can take to elevate your life
and wealth. Now here's your host, Misty Lynch.
Speaker 2 (00:18):
Hello, friends, thank you for joining me for this episode
of Demystifying Money. I'm your host, Misty Lynch, and today
we're going to talk about protecting your finances during a
government shutdown and some things that I think it's important
for you all to know.
Speaker 3 (00:33):
This episode of Demystifying Money with Misty Lynch is proudly
sponsored by Soundview Financial Advisors. Visit www dot Soundview financial
Advisors dot com to learn more.
Speaker 2 (00:48):
I just got back from a trip that I had
planned a while back to Disneyworld, and while I was
nervous about most of the rides, I would say the
one that I was most anxious about was the flight
home because when we flew out from Logan, the government
was functioning, and when we flew home it was in
a shutdown. Luckily, everything went smoothly. The people at the
(01:12):
Orlando airport were there, moving things along, no delays, no issues,
but it is something that was on my mind as
we were coming back from this trip, because really, a
government shutdown impacts all of us, even if we're not
directly employed by the government or anyone in our family
is it impacts everybody, and it will the longer that
(01:35):
it continues to stay in a shutdown, the more people
will be impacted in different ways. So what a government
shutdown is is basically when Congress doesn't pass their funding bills,
and that means that parts of the government will temporarily close.
Federal employees and contractors may be furloughed or have to
work without pay, and services like our beautiful national parks,
(01:58):
passport processing, all of these things may pause, but essential
services like social security and medicare continue. So this is
this is very widespread. This is a big deal. This
can cause delays and interruptions, and financially, it can be
devastating for people who are forced to work without pay.
(02:19):
And I know a lot of people listening who are
in the corporate sector are thinking like, are you serious.
We wouldn't even imagine any of this, but yes, various
people are showing up to work without pay, which is
which is really tough. And hopefully there will be an
agreement to end the shutdown at some point soon, but
I do you know, as it continues, it doesn't look
(02:40):
like there's much conversation going on right now. This is
definitely going to start to impact businesses and all of
us in certain ways, but it's not a time to panic.
We're going to walk through what's the most important things
that you could do right now to protect your money
and keep your finances stable no matter how long this lasts.
I'll start with travel, since I was talking about that before,
(03:01):
so expect that there could be delays and interruptions if
you're traveling specifically by air, and you might want to
plan either a lot of extra time or some extra budget.
If you are stuck somewhere for longer than you plan
to be, or you need to you know, find a
hotel or things like that, it might be important to
(03:25):
build in as much time and space as you can,
especially if you know airports are short staffed. That could
lead to much longer travel lines. Even on days where
the airports aren't particularly normally busy. This could certainly impact
you there, so you'd want to add in a little
bit of extra time and maybe a little bit of
extra money to you know, to help account for that.
(03:51):
So aside from travel, we can talk about, you know,
the ripple effects for how this is going to impact people.
So for federal workers and contractors, this is the direct impact.
Paychecks may be delayed. Back pay is often approved later,
but there is no guarantee of when. For everyday consumers,
there's going to be delays in things like loan approvals,
(04:12):
particularly VA and FAH loans. If there's no one working,
there's no one there to process these loans. Slower economic
activity will then impact small businesses. If people aren't traveling,
it will impact businesses that rely on travelers and on tourism,
(04:34):
and it's really going to start to impact all of
us as you know, you know, stock market volatility will
potentially increase. It tends to look at government shutdowns kind
of like a little bump, but I haven't really seen
too much crazy volatile stock market activity. It's kind of
been plugging along like nothing has changed or nothing has happened.
(04:57):
But this could have an impact at some point because
overall consumer confidence might drop, Spending will slow. If people
aren't getting paid or if business is slowed, they might
have less money to put back in the economy. And
this could also impact job growth if things like jobs
(05:17):
numbers and other reports inflation reports are not being sent out.
This could impact the way that business owners and CEO's
Fortune five they they might not hire if they don't
have good data to say what the thoughts are on
inflation or jobs reports. So it could have a very
large impact on everything, which could just bring everything, like
(05:41):
a shutdown intends to, to a complete standstill. So it
is important to kind of look at how these things
could impact you, even if it's not direct right now.
But these are some money moves that could make sense
either way. So if you want to protect yourself because
(06:01):
you think you're impacted, or you think you might be,
or you're just you see this as something like, hey,
this could happen to anybody, or these things you know
a core or maybe you feel like there's not a
shutdown at you know, the government level, but maybe you're
thinking about your office or your business or your employer
and it feels like things are freezing or starting to
(06:21):
slow down. If you work in education, other places where
you might be starting to feel this. These are tips
that could be helpful for anybody. So first I want
you to build or revisit your emergency fund. I know
financial planners always talk about emergency funds, but here's the thing.
I've worked with a lot of clients who have had
to dip into their emergency fund. I've used my emergency
(06:42):
fund for different things. And the reason why we have
that is so when there is these temporary or these
unexpected situations, we don't have to do things like sell
our investments, sell our property, stop being self employed and
go find another job. These these agency funds can help
us get through this period of whatever's happening that we
(07:04):
need to find a way to finance. And so if
your paycheck could be disrupted, having even a month of
essential expenses covered can make a world of difference. And
if you can't get that together right away, it's just
important to start. Even if you start small, even if
you save one hundred dollars a month, these things add
up and interest rates are still pretty good. So park
(07:25):
that into a high yield savings account or somewhere like
that where it's accessible, but you know, earning some interest
and it will get there. But this is a really
important financial tool and it is okay to use it.
I have some people that are like, oh, but I
don't want to touch that money. So I'm going to
sell this or I'm going to do this instead because
I like seeing X amount sitting there. Use it. Use
(07:47):
that money, replenish it later with something else. If you
have income producing assets or you have something that's appreciating,
it is not the time to do that. Use that money.
That is what it's there for. It is there to
protect you and then also prioritize, you know, essential purchases.
I just got back from Disney, so I understand that
I I did the opposite of this personally. But this
(08:11):
was a trip that was planned quite a bit in advance,
and you know, it was one of those things I
was on on the books, so we did it. But
if I was to be scheduling something today, I might
I might wait a bit for things to kind of
cool down, you know, for for things to be functioning
in because it is a little bit uncertain, you know,
to to think about things like, you know, be trips
(08:32):
or you know, big expensive purchases. So I would definitely
look at things that are essential. That's going to be housing,
that's going to be utilities, that's going to be medication
and healthcare and food, all of those things are, you know,
things that you need to protect first, maybe it's time
to kind of take a look after summer ended at
that takeout budget and maybe start doing a little bit
more meal prep and planning. All of these things can
(08:55):
be helpful when it comes to just kind of conserving
some of your some of your money for things that
are truly essential. If you think you might miss a
payment or you have you know, you have a loan
and process, talk to these creditors early. Many lenders, mortgage companies,
credit cards, they have hardship programs or for Baron's options
(09:18):
for government shutdowns. If you you know, if you call
before you miss a payment, you are in a better position.
You have more negotiating power. You are not asking you know,
I understand some people think, oh, I'd rather ask for
forgiveness than permission. This is if this is going to happen,
you want to talk to somebody ahead of time. I
worked in a compliance department for like thirteen years. I
(09:40):
always was willing to work with people who were reaching
out to me for help in order to do something
and wanted to do. We could have a conversation versus
when they said, oh I already did this and I
didn't get permission, and oops, it's out there. So I
would say all the time, call them, call them and
see what they can do, See if they have programs
this might be able to help you if you've been
(10:01):
impacted and avoid taking on new debt. One thing that
did come out in you know, September's you know economic
you know update that I provided to my clients was
that spending is still up. Consumer spending is still up,
but it's going on credit cards. So people are still
spending money, but also they're going deeper deeper to debt.
So it's tempting to rely on credit cards or personal
(10:22):
loans to fill this gap. But interest rates are very
high right now still, and so adding new debt during
times of economic uncertainty can create more long term stress,
more stress in the future. So if you can avoid it,
do so. If you can't avoid it, I understand that's okay.
You can't avoid it, there's nothing wrong. Just plan for it,
plan ahead for it, and also be very very mindful
(10:43):
of what you're using the money for. Make sure that
it is not convenience. It's not you know, kind of
to feel better about something, and it's not just kind
of it's it's something that you really have thought through,
that you need or want, that you're very clear on.
So I'll say that and then keep your investments steady.
(11:05):
It's very natural to feel anxious about the market, but
remember these government shutdowns are temporary. Avoid emotional decisions when
it comes to your investments. History shows that markets typically
recover very quickly once this uncertainty passes. And this will pass.
But I wouldn't you know, I mean, you could look
at your investments. You know, the stock marker hasn't really
(11:26):
reacted much to this shutdown at all at this point,
so I would say if that would be your last
resort obviously if you need to access money, But it's
not something that you could say, Okay, I'm just going
to go straight to cash because it just it financially.
Might look back and say that that was a mistake
once everything smooths out and it's just present looking. It's
(11:50):
not future focused, which most of your investments should be
long term investments, thinking ahead, not thinking about what's happening today.
That's when we go to the emergency fund and the paycheck.
I think it's important to understand that this financial resilience,
you know, these things that we talk about with money,
It's it's about mindset too. If you stay calm, and
(12:12):
you plan ahead, and you communicate with the people that
you're involved with financially, whether it's your loved ones, your spouse,
your creditors, If you communicate calmly, you're already doing better
than most people. Most people might be looking for an
excuse or reason or something to happen to say, well, yep,
see it's not worth it. Why bother look at what's happening.
(12:35):
I shouldn't plan ahead, I shouldn't save money, I shouldn't
do this, because what's the point. And I think that
that is really just sometimes a way for people to
excuse doing the behavior that they really want to do
without really thinking rationally or thinking about the future version
of them that is going to be in a worse
financial position because of it. So I think it's really
(12:55):
important to kind of keep your keep a level head
during during this time, even you know, even if it
is it's a really tough time for you, automate what
you can do, you know, so you're not paying late fees,
or you're not having missed payments because you're stressed out,
or you forgot. Try to automate the things that you
know you can do so that those essentials are covered.
(13:20):
It's important to stay informed, but I wouldn't upstay obsessed
with the news. And definitely, you know, you could check
you know, if you want to check your balances once
a day or once a week, that's fine. If you're
checking it every hour, it's just it might not have
as much positive impact as it does cause added stress.
(13:42):
I have seen markets start up and then go down
and then end up exactly the same where if you
close your eyes on Monday and woke up on Friday,
you're exactly in the same spot. If you are looking
at that, I look at it every day. That's my job.
I look at it all the time. But if it's
just because you're anxious, that could you know, that could
be something that you want to limit to a reasonable
amount or kind of plan ahead how often you will
(14:03):
do so, and you know, review review your spending. Maybe
look at you know, other income opportunities if you need to.
If you're worried about your your employment or your position,
you know you can update your resume. Things are changing,
as far as you know, ways people are applying for
jobs and looking for jobs, it is so different maybe
(14:26):
than when you applied for a job if you've been
there for ten fifteen years. So kind of freshening up
certain things looking on LinkedIn, but also like doing some
research on what you know, what's working for people who
are job hunting. That could be very beneficial. And you know,
if you if you want to kind of reflect, you
(14:46):
can ask yourself, if my income posed for a few weeks,
what would I wish I'd done differently? So think about that.
So maybe if you're thinking, if my income posed for
a few weeks, what do I wish I did like
two months ago or a month ago. Maybe you'd say, okay,
I wish that I didn't door dash every meal this summer,
or maybe I wish that i'd put money aside, or
maybe I wish that I didn't, you know, sell something,
(15:11):
or maybe you'd say, no, I don't have any regrets.
Maybe that trip was worth it or all of those things.
Just think about. Maybe there's a couple things that you
might think of that you'd want to do differently. Maybe
you'd wish that you put that money from that regular
savings account into a high yield savings account. Last year
or a few months ago, so it would be earning
interest and then do those things, think about those things
any answer that comes to your head, and that might
(15:32):
be a good place to start, you know, as you
think towards the future. So these government shutdowns really show
us that, you know, financial stability isn't just about what
we earn, It's about how prepared we are for what
we can't control. Whether this lasts a few days or
(15:52):
for a few weeks, you definitely have the power to
make smart, steady choices that protect you in your future.
So I hope that this episode helped. If it did,
please please go ahead and share it with anybody who
think might need a little bit more financial confidence right now.
And if you're looking to take a deeper look into
your own finances, please head over to mister Lynch dot
com where we can you can see other episodes of
(16:13):
the podcast, get a copy of the book, or be
directed to some of your financial advisors if you're looking
to start to take more control over your personal financial planning.
So thank you again for tuning in and we'll talk
again next week. Thank you for joining us on another
insightful episode of demonst Buying Money. If you enjoyed this episode,
please subscribe, rate, and leave a review. Stay tuned for
(16:35):
more engaging conversations on our next episode, and remember knowledge
is the key to financial empowerment.
Welcome to the Demystifying Money podcast, where each week you
will hear unforgettable conversations with expert guests about success, money, business,
and small steps you can take to elevate your life
and wealth. Now here's your host, Misty Lynch.
Speaker 2 (00:18):
Hello, friends, thank you for joining me for this episode
of Demystifying Money. I'm your host, Misty Lynch, and today
we're going to talk about protecting your finances during a
government shutdown and some things that I think it's important
for you all to know.
Speaker 3 (00:33):
This episode of Demystifying Money with Misty Lynch is proudly
sponsored by Soundview Financial Advisors. Visit www dot Soundview financial
Advisors dot com to learn more.
Speaker 2 (00:48):
I just got back from a trip that I had
planned a while back to Disneyworld, and while I was
nervous about most of the rides, I would say the
one that I was most anxious about was the flight
home because when we flew out from Logan, the government
was functioning, and when we flew home it was in
a shutdown. Luckily, everything went smoothly. The people at the
(01:12):
Orlando airport were there, moving things along, no delays, no issues,
but it is something that was on my mind as
we were coming back from this trip, because really, a
government shutdown impacts all of us, even if we're not
directly employed by the government or anyone in our family
is it impacts everybody, and it will the longer that
(01:35):
it continues to stay in a shutdown, the more people
will be impacted in different ways. So what a government
shutdown is is basically when Congress doesn't pass their funding bills,
and that means that parts of the government will temporarily close.
Federal employees and contractors may be furloughed or have to
work without pay, and services like our beautiful national parks,
(01:58):
passport processing, all of these things may pause, but essential
services like social security and medicare continue. So this is
this is very widespread. This is a big deal. This
can cause delays and interruptions, and financially, it can be
devastating for people who are forced to work without pay.
(02:19):
And I know a lot of people listening who are
in the corporate sector are thinking like, are you serious.
We wouldn't even imagine any of this, but yes, various
people are showing up to work without pay, which is
which is really tough. And hopefully there will be an
agreement to end the shutdown at some point soon, but
I do you know, as it continues, it doesn't look
(02:40):
like there's much conversation going on right now. This is
definitely going to start to impact businesses and all of
us in certain ways, but it's not a time to panic.
We're going to walk through what's the most important things
that you could do right now to protect your money
and keep your finances stable no matter how long this lasts.
I'll start with travel, since I was talking about that before,
(03:01):
so expect that there could be delays and interruptions if
you're traveling specifically by air, and you might want to
plan either a lot of extra time or some extra budget.
If you are stuck somewhere for longer than you plan
to be, or you need to you know, find a
hotel or things like that, it might be important to
(03:25):
build in as much time and space as you can,
especially if you know airports are short staffed. That could
lead to much longer travel lines. Even on days where
the airports aren't particularly normally busy. This could certainly impact
you there, so you'd want to add in a little
bit of extra time and maybe a little bit of
extra money to you know, to help account for that.
(03:51):
So aside from travel, we can talk about, you know,
the ripple effects for how this is going to impact people.
So for federal workers and contractors, this is the direct impact.
Paychecks may be delayed. Back pay is often approved later,
but there is no guarantee of when. For everyday consumers,
there's going to be delays in things like loan approvals,
(04:12):
particularly VA and FAH loans. If there's no one working,
there's no one there to process these loans. Slower economic
activity will then impact small businesses. If people aren't traveling,
it will impact businesses that rely on travelers and on tourism,
(04:34):
and it's really going to start to impact all of
us as you know, you know, stock market volatility will
potentially increase. It tends to look at government shutdowns kind
of like a little bump, but I haven't really seen
too much crazy volatile stock market activity. It's kind of
been plugging along like nothing has changed or nothing has happened.
(04:57):
But this could have an impact at some point because
overall consumer confidence might drop, Spending will slow. If people
aren't getting paid or if business is slowed, they might
have less money to put back in the economy. And
this could also impact job growth if things like jobs
(05:17):
numbers and other reports inflation reports are not being sent out.
This could impact the way that business owners and CEO's
Fortune five they they might not hire if they don't
have good data to say what the thoughts are on
inflation or jobs reports. So it could have a very
large impact on everything, which could just bring everything, like
(05:41):
a shutdown intends to, to a complete standstill. So it
is important to kind of look at how these things
could impact you, even if it's not direct right now.
But these are some money moves that could make sense
either way. So if you want to protect yourself because
(06:01):
you think you're impacted, or you think you might be,
or you're just you see this as something like, hey,
this could happen to anybody, or these things you know
a core or maybe you feel like there's not a
shutdown at you know, the government level, but maybe you're
thinking about your office or your business or your employer
and it feels like things are freezing or starting to
(06:21):
slow down. If you work in education, other places where
you might be starting to feel this. These are tips
that could be helpful for anybody. So first I want
you to build or revisit your emergency fund. I know
financial planners always talk about emergency funds, but here's the thing.
I've worked with a lot of clients who have had
to dip into their emergency fund. I've used my emergency
(06:42):
fund for different things. And the reason why we have
that is so when there is these temporary or these
unexpected situations, we don't have to do things like sell
our investments, sell our property, stop being self employed and
go find another job. These these agency funds can help
us get through this period of whatever's happening that we
(07:04):
need to find a way to finance. And so if
your paycheck could be disrupted, having even a month of
essential expenses covered can make a world of difference. And
if you can't get that together right away, it's just
important to start. Even if you start small, even if
you save one hundred dollars a month, these things add
up and interest rates are still pretty good. So park
(07:25):
that into a high yield savings account or somewhere like
that where it's accessible, but you know, earning some interest
and it will get there. But this is a really
important financial tool and it is okay to use it.
I have some people that are like, oh, but I
don't want to touch that money. So I'm going to
sell this or I'm going to do this instead because
I like seeing X amount sitting there. Use it. Use
(07:47):
that money, replenish it later with something else. If you
have income producing assets or you have something that's appreciating,
it is not the time to do that. Use that money.
That is what it's there for. It is there to
protect you and then also prioritize, you know, essential purchases.
I just got back from Disney, so I understand that
I I did the opposite of this personally. But this
(08:11):
was a trip that was planned quite a bit in advance,
and you know, it was one of those things I
was on on the books, so we did it. But
if I was to be scheduling something today, I might
I might wait a bit for things to kind of
cool down, you know, for for things to be functioning
in because it is a little bit uncertain, you know,
to to think about things like, you know, be trips
(08:32):
or you know, big expensive purchases. So I would definitely
look at things that are essential. That's going to be housing,
that's going to be utilities, that's going to be medication
and healthcare and food, all of those things are, you know,
things that you need to protect first, maybe it's time
to kind of take a look after summer ended at
that takeout budget and maybe start doing a little bit
more meal prep and planning. All of these things can
(08:55):
be helpful when it comes to just kind of conserving
some of your some of your money for things that
are truly essential. If you think you might miss a
payment or you have you know, you have a loan
and process, talk to these creditors early. Many lenders, mortgage companies,
credit cards, they have hardship programs or for Baron's options
(09:18):
for government shutdowns. If you you know, if you call
before you miss a payment, you are in a better position.
You have more negotiating power. You are not asking you know,
I understand some people think, oh, I'd rather ask for
forgiveness than permission. This is if this is going to happen,
you want to talk to somebody ahead of time. I
worked in a compliance department for like thirteen years. I
(09:40):
always was willing to work with people who were reaching
out to me for help in order to do something
and wanted to do. We could have a conversation versus
when they said, oh I already did this and I
didn't get permission, and oops, it's out there. So I
would say all the time, call them, call them and
see what they can do, See if they have programs
this might be able to help you if you've been
(10:01):
impacted and avoid taking on new debt. One thing that
did come out in you know, September's you know economic
you know update that I provided to my clients was
that spending is still up. Consumer spending is still up,
but it's going on credit cards. So people are still
spending money, but also they're going deeper deeper to debt.
So it's tempting to rely on credit cards or personal
(10:22):
loans to fill this gap. But interest rates are very
high right now still, and so adding new debt during
times of economic uncertainty can create more long term stress,
more stress in the future. So if you can avoid it,
do so. If you can't avoid it, I understand that's okay.
You can't avoid it, there's nothing wrong. Just plan for it,
plan ahead for it, and also be very very mindful
(10:43):
of what you're using the money for. Make sure that
it is not convenience. It's not you know, kind of
to feel better about something, and it's not just kind
of it's it's something that you really have thought through,
that you need or want, that you're very clear on.
So I'll say that and then keep your investments steady.
(11:05):
It's very natural to feel anxious about the market, but
remember these government shutdowns are temporary. Avoid emotional decisions when
it comes to your investments. History shows that markets typically
recover very quickly once this uncertainty passes. And this will pass.
But I wouldn't you know, I mean, you could look
at your investments. You know, the stock marker hasn't really
(11:26):
reacted much to this shutdown at all at this point,
so I would say if that would be your last
resort obviously if you need to access money, But it's
not something that you could say, Okay, I'm just going
to go straight to cash because it just it financially.
Might look back and say that that was a mistake
once everything smooths out and it's just present looking. It's
(11:50):
not future focused, which most of your investments should be
long term investments, thinking ahead, not thinking about what's happening today.
That's when we go to the emergency fund and the paycheck.
I think it's important to understand that this financial resilience,
you know, these things that we talk about with money,
It's it's about mindset too. If you stay calm, and
(12:12):
you plan ahead, and you communicate with the people that
you're involved with financially, whether it's your loved ones, your spouse,
your creditors, If you communicate calmly, you're already doing better
than most people. Most people might be looking for an
excuse or reason or something to happen to say, well, yep,
see it's not worth it. Why bother look at what's happening.
(12:35):
I shouldn't plan ahead, I shouldn't save money, I shouldn't
do this, because what's the point. And I think that
that is really just sometimes a way for people to
excuse doing the behavior that they really want to do
without really thinking rationally or thinking about the future version
of them that is going to be in a worse
financial position because of it. So I think it's really
(12:55):
important to kind of keep your keep a level head
during during this time, even you know, even if it
is it's a really tough time for you, automate what
you can do, you know, so you're not paying late fees,
or you're not having missed payments because you're stressed out,
or you forgot. Try to automate the things that you
know you can do so that those essentials are covered.
(13:20):
It's important to stay informed, but I wouldn't upstay obsessed
with the news. And definitely, you know, you could check
you know, if you want to check your balances once
a day or once a week, that's fine. If you're
checking it every hour, it's just it might not have
as much positive impact as it does cause added stress.
(13:42):
I have seen markets start up and then go down
and then end up exactly the same where if you
close your eyes on Monday and woke up on Friday,
you're exactly in the same spot. If you are looking
at that, I look at it every day. That's my job.
I look at it all the time. But if it's
just because you're anxious, that could you know, that could
be something that you want to limit to a reasonable
amount or kind of plan ahead how often you will
(14:03):
do so, and you know, review review your spending. Maybe
look at you know, other income opportunities if you need to.
If you're worried about your your employment or your position,
you know you can update your resume. Things are changing,
as far as you know, ways people are applying for
jobs and looking for jobs, it is so different maybe
(14:26):
than when you applied for a job if you've been
there for ten fifteen years. So kind of freshening up
certain things looking on LinkedIn, but also like doing some
research on what you know, what's working for people who
are job hunting. That could be very beneficial. And you know,
if you if you want to kind of reflect, you
(14:46):
can ask yourself, if my income posed for a few weeks,
what would I wish I'd done differently? So think about that.
So maybe if you're thinking, if my income posed for
a few weeks, what do I wish I did like
two months ago or a month ago. Maybe you'd say, okay,
I wish that I didn't door dash every meal this summer,
or maybe I wish that i'd put money aside, or
maybe I wish that I didn't, you know, sell something,
(15:11):
or maybe you'd say, no, I don't have any regrets.
Maybe that trip was worth it or all of those things.
Just think about. Maybe there's a couple things that you
might think of that you'd want to do differently. Maybe
you'd wish that you put that money from that regular
savings account into a high yield savings account. Last year
or a few months ago, so it would be earning
interest and then do those things, think about those things
any answer that comes to your head, and that might
(15:32):
be a good place to start, you know, as you
think towards the future. So these government shutdowns really show
us that, you know, financial stability isn't just about what
we earn, It's about how prepared we are for what
we can't control. Whether this lasts a few days or
(15:52):
for a few weeks, you definitely have the power to
make smart, steady choices that protect you in your future.
So I hope that this episode helped. If it did,
please please go ahead and share it with anybody who
think might need a little bit more financial confidence right now.
And if you're looking to take a deeper look into
your own finances, please head over to mister Lynch dot
com where we can you can see other episodes of
(16:13):
the podcast, get a copy of the book, or be
directed to some of your financial advisors if you're looking
to start to take more control over your personal financial planning.
So thank you again for tuning in and we'll talk
again next week. Thank you for joining us on another
insightful episode of demonst Buying Money. If you enjoyed this episode,
please subscribe, rate, and leave a review. Stay tuned for
(16:35):
more engaging conversations on our next episode, and remember knowledge
is the key to financial empowerment.
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