Becoming Financially Confident

← Becoming Financially Confident31. Okt. · 15 Min.

BFC Weekly Recap: Social Security 2032 Could Turn a $2,000 Check Into $1,560

BFC Weekly Recap: Social Security 2032 Could Turn a $2,000 Check Into $1,56031. Okt.15 Min.

In today's episode, Ralph Estep Jr. and Juliet look back at the week's biggest money moments, from Ralph canceling his iPhone pre-order to what happens when Social Security's retirement fund runs short in 2032.

In This Episode

✓ Ralph picks needs over wants and skips his iPhone upgrade

✓ What $200 a month can grow to by age 67

✓ Social Security's 2032 shortfall and a $2,000 check that could become $1,560

✓ Fake Medicare ads and the one address to type yourself

✓ A $350 wedding Venmo bill and the real cost of being a guest

✓ Why a credit card limit is not an emergency fund

If you've ever talked yourself into a purchase you didn't need, this recap gives you a reason to pause.

Resources

Watch live:

https://www.becomingfinanciallyconfident.com/live