🍽️ Here’s How to Diversify Your Income

Plus: Inflation or lower growth, diversify your income, multiple streams and more...

Together With

Hey Future Funders family!

Happy Monday. Let’s get to it.

Was this email forwarded to you?

Headlines That Matter

đź›’ Which path is worse? The Federal Reserve met this past week and said they were going to hold interest rates higher for a little longer, but still thought rates would come down at some point this year because progress is still being made on inflation. The investor crowd remained a bit skeptical of this message with the stock market only pricing in 1-2 interest rate cuts this year post the meeting.

A couple days later the official U.S. jobs numbers for April came in weaker than expected, which was almost talked about as a sigh of relief by the experts who took it as evidence the economy is slowing which will in fact prove the Fed right on inflation continuing to come down and allow them to cut rates.

Our take: There are a few things going on here that give us pause. First, we actually still see little evidence of inflation coming down (perfect example:
our weekly grocery bill), but even assuming the experts are right on this, the signs of slowing growth are a bigger worry.

While all the “experts” are happy that slowing growth may mean that the Fed will lower interest rates, they all forget why interest rates would have to come down in the first place. Slowing growth is the first step on the path to a recession, and so if we fall into a recession, to us that is a bigger negative for families. Now, we are not saying the economy will fall into a recession soon, but we are keenly watching growth from here as a bigger potential worry.

With the overall forward picture on the economy being less clear at the moment, now is a great time to evaluate your family’s ability to save more (some money saving tips), earn more (10 ways to earn and extra $1,000) and invest (check out our course). Because no matter what turn the economy takes next, you will be ready.

Dining with Money Pickle

Start securing your family’s future now with Money Pickle. Connect with expert financial advisors who tailor strategies to your goals, ensuring long-term prosperity and immediate peace of mind. Whether saving for education or planning retirement, we're here to guide every step.

Book your consultation today and invest in your family’s tomorrow. Financial clarity is just a click away. Don’t wait—your future starts now.

Money Topic In Focus

kaitlin olson diversity GIF by The Mick

Income Diversification For Families

🚀 What’s happening:  78% of Americans are living paycheck to paycheck.

It’s no wonder our Future Funders families have been requesting more talk about ways to bring in some extra cash. And truthfully, even if you’re in a good spot financially, a bit of wiggle room in the budget is never a bad thing.

That's where diversifying income streams comes in. With multiple sources of income, you can help protect your family from the financial unknowns. 

But it isn't just about weathering storms. And it’s not about doubling your workload. 

Here’s what income diversification is really about:

Dinner Discussion âť“

How have you tried to deal with inflation in your family?

Login or Subscribe to participate in polls.

See last week’s poll results below.

đź“ś Quote Of The Week

“Don’t worry that children never listen to you; worry that they are always watching you.”

Dinner Discussion âť“

Last week’s question: Do you think a college education in general is worth the cost today?

Results: Over 80% of you said no which was incredible to see. People made great points about the cost of loans, a lot of fields not being worth it financially, and even the upside of trade crafts vs. traditional college.

How'd we do this week?

Login or Subscribe to participate in polls.

Promote your business to 50,000+ families by sponsoring our newsletter

Join the conversation

or to participate.