Finance Friday Live! Today we talked about budgets, the credit repair MLM shutdown, gas prices, IRS scams, and my outlook on where we go from here. I also provided an affirmation to use throughout the week to keep our minds in check. This podcast uses the following third-party services for analysis: Podcorn - https://podcorn.com/privacy OP3 - https://op3.dev/privacy
New month means new budget
June 3rd marks the start of a new month requiring updated cash flow plans
Best practice is creating budgets before the month begins so every dollar has an assignment
FTC shutdown of Financial Education Services (FES)
Company accused of operating a $467 million pyramid scheme targeting pandemic-affected individuals
FES previously operated under different names and was shut down before rebranding
Red flags include heavy recruitment focus and income claims that sound unrealistic
IRS never contacts via email or unsolicited calls
IRS communicates exclusively through physical mail unless you initiate contact
If suspicious calls arrive, hang up and call the official IRS number yourself to verify
Emails claiming refunds or tax issues should be deleted without interaction
Economic pressures may increase violence and safety risks
Rising inflation, food insecurity, and housing costs threaten basic needs per Maslow's hierarchy
Host predicts continued rise in violence until economic conditions stabilize
Prioritize emergency savings, high-interest debt payoff, and self-care during uncertainty
Weekly affirmation practice for mindset protection
Affirmation: "I release every block that held me from receiving prosperity"
Positive mindset acts as defense against negative news cycles and economic stress
Everybody credit repair people now?
Are y'all okay?
I release every block that held me from receiving prosperity.
