Navigating a Tough Economy with Gordon Oliver

Today, The Two Mikes again spoke to Gordon
Oliver from Cambridge Credit Counseling.

Mr. Oliver, frank as always, said that the signs of more economic
problems for those with debt problems have not wholly abated. The
nation's credit card debt has increased to 1.3 trillion and
college-loan debts have increased to $1.92 trillion.

In addition, in the past year 40-percent of Americans have dipped
into their retirement funds to avoid foreclosures. On the school
loans, Mr. Oliver noted that the government's new move to "forgive"
$11 billion dollars for public employees at all levels of
government -- which of course came at a time Biden is desperate for
votes in any place he can find him -- ends on 30 April 2024, and
even those public employees who were refused forgiveness on the
first try can apply again and see if they can follow the required
application process.

Mr. Oliver also said that, at the moment, the single worst
investment a consumer can make is to purchase an automobile --
which loses 25-percent of its value the moment you drive it off the
lot. Needless to say, the interest rates on car loans also are
through the roof. As to the future, Mr. Oliver said that while the
economic and financial impact of the COCID debacle are about
finished, there still probably are rough waters ahead, and, as
always, people must take responsibility for themselves to plan
their economic future.

The place to start is by putting together a spending plan (budget)
that details your expenses, see where that can be reduced, and then
do your best to stick to that plan. That is where Cambridge Credit
counseling can help. Cambridge is a non-profit NGO and has helped a
large number of people to create such plans, and they do so at no
charge to the consumer.

No one can know for sure how rough future economic times will be,
but a commonsense spending plan, or budget, is an important tool to
have ready to face the future, come what may.
--Cambridge Credit Counseling: Tel:  1
800-235-1407; Website:  https://www.cambridge-credit.org


Subscribe to Freedom First Network on Rumble to watch all of our
shows
LIVE: https://rumble.com/c/freedomfirstnetwork 

Elevate your meals with Freedom First Beef… even if you find
yourself in the middle of the apocalypse! Use code TWOMIKES for 15%
off and enjoy high-quality beef whenever you crave it – today or
tomorrow! https://freedomfirstbeef.com

Be ready for anything life throws your way with The Wellness
Company's Medical Emergency Kit. Order today using code TWOMIKES
for a 10% discount at https://twc.health/ffn.

Protect your financial future with precious metals! Schedule your
consultation with Our Gold Guy today and take control of your
financial destiny! https://ourgoldguy.com

Unleash the spirit of liberty in every cup with Freedom First
Coffee's Founders Blend. Order now using code TWOMIKES and savor
the unparalleled taste of freedom in every patriotic
sip. https://freedomfirstcoffee.com