Money Stress and Triggers - Episode 409

Crushing Debt

English - March 07, 2024 11:00 - 33 minutes - 41.8 MB - ★★★★★ - 25 ratings
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Previous Episode: Living With Mom and Dad - Episode 408

Next Episode: Spring Break with The Crushing Debt Podcast - Episode 410

What are some financial stressors out there?

What triggers your financial stress?

What is Surge Pricing? Dynamic Pricing?

In this week's episode, Shawn & George talk about the various things that can cause financial stress. Situations like: bankruptcy & foreclosure, job loss, reduced work hours or income, lack of savings, debt, health care costs, separation or divorce, the loss of a spouse, taxes, food and living expenses, and housing expenses among others.

Did we miss any? What are some of your financial stressors and how do you deal with them?

Then, we talk about surge pricing or dynamic pricing - something that theme parks, airlines and uber have been doing for years. When the price of something increases during peak usage time, and decreases during non-peak usage time, that's surge pricing. Blackout dates are another good example of surge pricing. Recently, Wendy's announced (and then recanted) that they were going to implement surge pricing. Imagine a cheeseburger being more expensive during lunch than at 3 in the afternoon. Or image junk food being more expensive late at night than early in the morning.

Wendy’s says ‘dynamic pricing’ is different from ‘surge pricing,’ but whatever it’s called may still alienate customers (yahoo.com)

Let us know if you enjoy this episode and, if so, please share it with your friends!

Please also visit our sponsor (who never surge prices), Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.

Or, you can support the show by visiting our new Patreon page (again, no surge pricing): https://www.patreon.com/crushingDebt

To contact George Curbelo, you can email him at [email protected] or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach

To contact Shawn Yesner, you can email him at [email protected] or visit www.YesnerLaw.com. We are also still fundraising to fight pancreatic cancer - MY Legacy Striders: http://support.pancan.org/goto/MYLegacyStriders08