"Let’s Talk Money” Season 2 Episode 109 What's Your Problem?

Money Talks! with Lynn Kitchen

Welcome to Money Talks. My name is Lynn Kitchen. And I’m a money mentor and an investment consultant passionate about helping women and couples achieve their dreams for financial security and wealth so they can live the best and happiest life.
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I believe that inside, every woman is an ace money manager; you don’t realize it yet. You don’t believe in yourself yet. Many women feel overwhelmed when it comes to investments. They think it’s too hard. One of my clients said, “I’m drowning in data and information overload, and it makes me so scared, I can’t even move.” If you feel that way, you are in the right place because that’s why I am teaching financial workshops for money mentoring programs, bringing my expertise from being a professional money manager for over 34 years and managing not one but two investment advisory firms along the way. I’ve helped countless individuals, couples, and families transform their lives and create lasting legacies By strategically helping them invest correctly. And everyone has the power to do this when they know how.

Today, I’m asking this question, what’s your problem? What’s your problem? What’s the big problem that’s holding you back? Are you feeling dissatisfied with the way that your economic life is going? Well, if you are, you are not alone; I came across a very interesting recent Gallup poll that measures how satisfied or dissatisfied Americans are with how things are going in the United States. And it shows that the United States’ mood of Americans is quite glum. They say that only 18% are feeling satisfied. Well, that means that there is another 82% of us that are feeling totally unsatisfied.
Next question: what do you think is the most important problem facing this country today?
Here is a chart showing all the Most Important Problems as ranked by a Gallup Poll Survey in May 2023. The first one was chosen as the most important problem facing the United States today was the Government. The second one they claimed was the economy.
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The top two Important Problems were most interesting to me. Eight out of Ten people are dissatisfied with their life in the United States. And most of them are pointing to the government and the economy. You’re probably wondering and grappling with new things that bother you, like high-interest rates, higher inflation, and recession. It is enough to make people feel they have no control over the situation. But what if it’s a signal and a sign that you feel like you lack control of your own economy?

Gallup poll has been doing surveys since 1979. As professional money managers, these Gallup polls are vital for us because we call them sentiment indicators, which is the sentiment of investors as a whole, and we do pay attention to these.

Economic Ratings Steady at Lower Level Americans’ confidence in the U.S. economy also remains depressed, with Gallup’s Economic Confidence Index essentially unchanged at -43 in May after dropping in April.
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