Phil’s Tax Hacks

Ep 87: Playing the ‘What if?’ Financial Game

May 27, 2021

There’s a lot we can’t control, but we can prepare for what might happen in different “what if” scenarios. On today’s episode of the podcast, we discuss a number of “what if” scenarios (some more likely than others) to see how we could prepare for them today.

 

Read more and get additional financial resources here: https://philstaxhacks.com/podcast/ep-87-playing-the-what-if-financial-game/ 

 

Watch the video podcast: https://youtu.be/IOSP7yQ2p-Q 

 

What we discuss on this episode: 

0:20 - Today we are playing the “what if…?” game.

2:00 - What if… interest rates double?

5:46 - What if… the U.S. gets involved in a major war?

8:34 - What if… college education becomes free?

12:15 - What if… we experience another economic downturn?

15:57 - What if…various taxes and inflation go up?