For today's episode we are going to talk about how inflation can affect your investments. It would be rare for any of us to watch the news and not hear about the current inflation we have going on in the US right now. COVID-19 had a huge impact on our economy since the pandemic began and in this episode we will dive into how inflation is related to our economy and our investments. Tune in to hear more on this episode of When Good Things Happen.

IN THIS EPISODE:

• [02:00] Tom explains and describes inflation in simple terms in relation to our economy
• [06:00] Pull & push inflation relating directly to supply and demand and how that affects the economy
• [13:00] Covid relief money and how it has impacted the economy
• [18:00] Consumer Price Index and how it measures inflation
  

KEY TAKEAWAYS:

• We've been through periods of time like this before, but we are all in a different place in our lives. At this point in time we're going to see market volatility. We've seen that so far in 2022, and it's expected to continue.
• One of the problems we have now, Is that the inflation that we're experiencing is not necessarily naturally occurring.
• From an investment standpoint, inflation and rising costs and the devaluing of the dollar all create the same kind of problem. The higher costs and the high inflation can be compounded with significant stock market losses, so a conservative approach is probably pretty wise for most.

LINKS MENTIONED:
Three Bridges Financial Group

DISCLOSURE: Three Bridges Financial Group is an independent financial services firm that utilizes a variety of investment and insurance products. Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Three Bridges Financial Group are not affiliated companies. Investing involves risk, including the potential loss of principal. Any references to protection, safety or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the issuing carrier. This podcast is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual's situation. Three Bridges Financial Group is not permitted to offer and no statement made during this show shall constitute tax or legal advice. Our firm is not affiliated with or endorsed by the U.S. Government or any governmental agency. The information and opinions contained herein provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by Three Bridges Financial Group.

For today's episode, we are joined by Rachel Pratt, a Johns Creek, GA based Interior Designer and Home Stager. Rachel shares her consultation process and how she navigates both simple and complicated design projects all while helping clients fall in love with their homes. We also discuss how she works with clients that don't know what their personal style is. Whether you just want a small refresh or an entire home remodel, Rachel can help turn your house into your dream home.

IN THIS EPISODE:

• [03:14] Rachel shares what inspired her to become an interior designer.
• [05:57] Rachel elaborates on the consultation process for different levels of projects.
• [10:11] Here is Rachel's process for staging a customer's home to sell.
• [12:44] Many clients don't actually know what they want. Here is how Rachel helps them discover their design style.

KEY TAKEAWAYS:

• Many people have looked at the same four walls over the last two years and are probably tired of seeing the same things day in and day out.
• The money you will spend hiring an interior designer to prep your house to sell is money that you will get back tenfold.
• Pinterest is a great tool for interior designers.
• Even if you don't know your personal style, an interior designer will work with you to discover your style.

LINKS MENTIONED:

www.3bfg.com
https://www.instagram.com/rachelprattandco/

BIO:

Rachel is a Johns Creek, GA based Interior Designer and Home Stager. She created her company after multiple friends and neighbors kept asking her for help. Today, she walks clients through the design process and takes the guesswork out of decisions.

Rachel is married to G.B. and has three children.

DISCLOSURE:

Rachel Pratt and Rachel Pratt & Co. are not affiliated with Three Bridges Financial Group or AE Wealth Management, LLC. Three Bridges Financial Group is an independent financial services firm that utilizes a variety of investment and insurance products. Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Three Bridges Financial Group are not affiliated companies. Investing involves risk, including the potential loss of principal. Any references to protection, safety or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the issuing carrier. This podcast is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual's situation. Three Bridges Financial Group is not permitted to offer and no statement made during this show shall constitute tax or legal advice. Our firm is not affiliated with or endorsed by the U.S. Government or any governmental agency. The information and opinions contained herein provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by Three Bridges Financial Group.

For today's episode, we talk about the importance of creating a financial plan for your retirement. Rather than using industry terms, let's build a financial home from the ground up. Every home needs a blueprint, foundation, walls, and a roof, and so do financial plans. Tune in to learn about the strategy phase, how to plan your financial home to suit your needs, and what to do if you have to remodel. It's time to start talking about finances because your future depends on it.

IN THIS EPISODE:

• [04:29] You should start planning your retirement with the end in mind and here's why.
• [06:14] Why it's important to make a strategy for your retirement needs.
• [08:52] Tom builds a financial home and explains each element in financial terms.
• [18:50] Here are a few things you need to look at while in the strategy phase of your financial planning.

KEY TAKEAWAYS:

• It's important to talk about finances for retirement because it's your future.
• Everyone's financial homes look different.
• You may have to remodel your financial home every now and again to keep it working for your lifestyle and needs.
• Designing a home is more than just planning it out and coming up with a blueprint. Ultimately, you need to start your design with an idea in mind of what you want it to look like when it's finished. The same can be said about a financial plan.

LINKS MENTIONED:

LinkedIn

www.3bfg.com

DISCLOSURE:

Three Bridges Financial Group is an independent financial services firm that utilizes a variety of investment and insurance products. Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Three Bridges Financial Group are not affiliated companies. Investing involves risk, including the potential loss of principal. Any references to protection, safety or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the issuing carrier. This podcast is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual's situation. Three Bridges Financial Group is not permitted to offer and no statement made during this show shall constitute tax or legal advice. Our firm is not affiliated with or endorsed by the U.S. Government or any governmental agency. The information and opinions contained herein provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by Three Bridges Financial Group.