#48 - Are You Struggling Financially Right Now? So Is Everyone - And The Media Is Lying To You About It cover art

#48 - Are You Struggling Financially Right Now? So Is Everyone - And The Media Is Lying To You About It

#48 - Are You Struggling Financially Right Now? So Is Everyone - And The Media Is Lying To You About It

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In this episode of *Financial Fitness Bootcamp*, I’m getting real about the economic challenges we’re all facing in 2024. If you’ve been feeling the financial squeeze, you’re not alone. We’ll dive into how the legacy media is distorting the truth about inflation, unemployment, and income levels, making the situation seem better than it really is. I’ll break down how the government manipulates inflation numbers by changing the basket of goods and how this impacts your wallet. Plus, we’ll explore the true state of unemployment and why those official numbers don’t tell the whole story.

By the end of this episode, you’ll have a clearer understanding of why your paycheck doesn’t stretch as far as it used to and what you can do to protect yourself financially. Tune in and let’s navigate this economic storm together.


Thank you for listening, and if you enjoyed this episode, please subscribe, leave a review, and share it with your friends who might find it helpful. Go to thefinancialfitnessbootcamp.com to sign up for the One Day Bootcamp to FINALLY take control of your money and start building a nest egg! Drop me a note because I want to hear from you, I’m @krystalkhali everywhere. Let's continue becoming powerful together!

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References:

Brookings Institution. (2024). *Financial stress in American households: Current trends and impacts*. Brookings Institution Press.

Bureau of Labor Statistics. (2024). *Consumer Price Index Summary*. U.S. Department of Labor. Retrieved from [https://www.bls.gov/cpi/](https://www.bls.gov/cpi/)

Dolmas, J. (2023). *The hidden costs of substitution bias in inflation measures*. Federal Reserve Bank of Dallas.

Economic Policy Institute. (2024). *Wages and inflation: A growing gap in 2024*. Economic Policy Institute.

University of Chicago. (2024). *Revisiting the unemployment rate: Accounting for underemployment and discouraged workers*. University of Chicago Press.

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