Mr. Money Talks: Navigating Money Matters with Your Partner
Mark Rothstein, also known as Mr. Money, discussed the potential recession, noting that while unemployment remains low, job vacancies have returned to pre-pandemic levels, which could indicate a recession. He highlighted the impact of inflation, interest rates, and labor market imbalances. Rothstein also addressed the importance of regular money dates for couples to discuss finances, including setting boundaries, creating budgets, and considering long-term financial goals. He shared a case study about a client deciding whether to sell or rent a $2 million home, considering tax implications and future financial needs.