Lars Hedenborg breaks down how Fed rate changes ripple through real estate and your wallet. He schedules a weekly 30-minute review to track cash flow, net worth, and allocations for savings, giving, and taxes so he can pivot if the economy shifts.
What's going on with the fed funds rate, and how's that impacting real estate and interest rates, and what are buyers doing and what are sellers doing? But if you're not monitoring on a regular basis, your personal economy. For me, this is a 30 minute time block every Monday morning where I'm just looking at what came into my world in terms of cash flows, what went out of my world in terms of, you know, outflows of cash, what's my net worth? How am I going to move money around this week, you know, where am I placing my savings dollars, you know, my giving dollars, you know, putting money aside for tax? Have to know what's going on with your personal economy, as the general economy might go into chaos and.
