Taxes, Jobs and Housing: Navigating Our Finances Post-Election | Two Cents Podcast
Description
The 2024 election is over...now what?
In this episode, Hannah and James break down what’s next for your wallets by exploring the election's impact on the economy, particularly tariffs, taxes, housing, and jobs.
We'll cover which items might become more expensive, how mortgage rates are reacting, and what you can do to set yourself up for success in the job market.
Thank you so much for tuning in! If you liked this episode, we’d appreciate it if you gave us a follow and a review! Thanks, H & J 💚
And thanks to our newest sponsor, Public! Learn more at Public.com/STS
A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. As of 9/26/24, the average, annualized yield to worst (YTW) across the Bond Account is greater than 6%. A bond’s yield is a function of its market price, which can fluctuate; therefore, a bond’s YTW is not “locked in” until the bond is purchased, and your yield at time of purchase may be different from the yield shown here. The “locked in” YTW is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. Public Investing charges a markup on each bond trade. See our Fee Schedule. Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. High Yield bonds carry greater risk of default. See https://public.com/disclosures/bond-account to learn more.
Follow Salary Transparent Street:
- Instagram
- TikTok
- YouTube
- Facebook
- Snapchat
Follow Hannah:
Follow James:
Edited by Amanda Deisler
Graphics by Nhu Nguyen
Episode breakdown:
1:48 In this episode...
2:56 Thank you, Public!
6:50 TARIFFS
8:09 What items will be impacted?
10:30 Consequences of increased tariffs
12:10 TAXES
14:30 HOUSING
16:22 How are bonds related to mortgages?
16:55 JOBS
18:40 Negative impacts to the job market
23:00 Positive impacts to the job market
28:30 Are we worried as content creators?
29:45 How are we preparing for 2025?
32:05 Watching Warren Buffett
35:00 Should you start looking for a new job?
37:00 Are we leaving the country?
#twocentspodcast #salarytransparentstreet #twocentspod #howmuchdoyoumake #salarytransparency #2024election #electionresults #uselection #presidentialelection #couplesfinances