🎙️ Episode 90 — The Case for Concern: Understanding and Responding to the U.S. Debt CrisisWelcome to episode 90 of the One for the Money podcast! In this important installment, we flip the script from optimism to realism. While there’s much to be hopeful about, it’s equally vital to acknowledge the financial risks facing our country—particularly the growing national debt and its long-term implications.📉 In this episode, we break down:Why optimism about humanity’s future is warranted (Episode 89 recap)The alarming rise in U.S. federal debt and spending trendsThe impact of over $1 trillion/year in interest paymentsThe bipartisan nature of overspendingReal-life analogies to explain the scale of the debt crisisHow these issues may affect taxes and future economic growth📌 We also explore:Past episodes that discussed tax planning and deficit concernsA powerful analogy from The Pied Piper of Hamelin—and what it means for our kidsPractical, actionable steps you can take to protect your financial future💡 Tips, Tricks, and Strategies Segment:Why now is the time to engage in proactive tax planningTax-saving strategies including Roth conversions, defined benefit plans, tax-loss/gain harvesting, and moreThe power of using tools like the Augusta Rule, Health Savings Accounts, and strategic charitable giving🧠 Featured Past Episodes Mentioned:Episode 1 – Roth & 401(k) contributionsEpisode 2 – Health Savings AccountsEpisodes 6, 12, 26 – Roth IRAs & Roth conversionsEpisodes 8–9 – The Augusta RuleEpisode 7 – Defined Benefit PlansEpisode 26 – Tax gain harvestingEpisode 29 – HSA strategiesEpisode 33 – Time to Pay the Piper🔜 Coming Next:A deep dive into NUA (Net Unrealized Appreciation)—a significant but underutilized tax-saving opportunity hidden in many 401(k)s.📢 Call to Action:Get involved in your local primaries. Fiscal discipline should be a priority—regardless of political party.Start tax planning now. Don’t wait for Congress to act—because they probably won’t until they’re forced to.🔗 Resources Mentioned:USDebtClock.orgLearn more about David Bahnsen’s proposals on fiscal reformIRS information on Roth IRAs, HSAs, and tax strategies

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