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Episode 1 - Forecasting for 2023

In this episode of The Money Experience, Kevin McGarry is speaking with Frank M. Betsch, the founding partner of Valley Financial Group. With over 42 years of financial planning experience, Frank has helped thousands of people retire.

The goal of this podcast is to uncomplicate money. The guys are looking at the predictions for 2023 and comparing them to historical data to come up with their own opinions on what the market has to offer in the upcoming year. This episode is wrapped up with advice on managing your finances.

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The last few weeks have been extremely stressful for all of us. Managing working from home, caring for kids full time, watching your nest eggs going down really fast; plus all the other sudden changes that this virus has brought to our lives can be difficult to say the least, and it can be even harder to handle all these new sources of stress. Relieving stress is an integral part of your happiness throughout isolation, and, depending on your living situation, the happiness of whoever you find yourself isolated with.

Staying active, reading a good book that you enjoy, and getting fresh air in any way you can are some of the more common ways to cool off.  We have listed a few other ways to eliminate the stress of this crazy situation, which we find helpful. Hopefully these can help you and your family to survive a little bit longer living in close quarters. 

  1. Breathe, just breathe. Breathing is a form of meditation. Before screaming at your kids or financial adviser, breathe in for five seconds and breathe out for ten. This shall pass.
  2. Keep a schedule: A schedule helps us feel more in control. Positive items should go on the schedule like, read, exercise and home improvements. Activities to limit on your schedule are phone time and watching the news. These two activities could lead to your stress sticking around.
  3. Control what you can control: remind yourself by social distancing, you are helping contain the spread of this virus.

We all know all too well how stressful this has been for all of us. Across the world, everyone’s lives have been affected by this pandemic, which of course means there is no better time to work on eliminating stress from your life. Believe me, you’ll thank yourself for taking some time for stress relief, and I’m pretty sure the friends and family you’re living with will thank you too.

Be safe and know you are in our thoughts and prayers.


On Key

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