Have you ever caught yourself wondering why society keeps urging you to upgrade your lifestyle, even when it’s draining your bank account? It’s a dilemma your hosts, Matthew Grishman and Jim Gebhardt, felt compelled to discuss as it can start as simply as getting the kids ready for back to school. It’s a blend of anxiety and gratitude and… credit card spending. The amount of credit card debt is astounding as you’ll hear in the episode.

The changing dynamics of consumer behavior in the era of online shopping, as well as, the surprising resilience of physical malls, are part of the ease into more debt. And that’s not to mention our thoughts on the growing dependence on services like DoorDash and Uber Eats. And all on credit cards.

This all leads into your preparation for retirement as debt will destroy the best laid plans. Will traditional retirement become a luxury? For many, sadly, yes. However, there is hope and a solution you’ll hear on the value of financial sacrifice and discipline. What a fitting episode to take us from the summer back into the reality of the last few months of the year.

For more information and to order the book “Financial Sobriety” visit http://www.yourfinancialsobriety.com