Q&A Replay 3.13.2023: SVB Failure - What Happened & What Does it Mean for Your Money

At the request of Family Finance Mom followers, I am now posting Monday & Wednesday LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Monday and Wednesday at 9AM ET.

Today's Q&A replay is sponsored by the Family Finance Mom Economic Workshop series. Build your economic literacy with a 6 workshop series to learn what causes economic cycles, how the free market works, the impact of human behavior on the economy and more. Knowledge builds confidence and empowers you to make better decisions for you, your family and your future.

ENROLL NOW: http://familyfinancemom.teachable.com/p/economics-workshop-series

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Today’s topics included:

🐷 How do banks work

🐷 What went wrong at Silicon Valley Bank?

🐷 What happens now? FDIC protection and Federal actions by Federal Reserve & US Treasury

🐷 Reasons to be cautious, but not panic

🐷 How this will impact Fed monetary policy

🐷 What this means for broader economic environment - does this accelerate a recession?

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