In this episode, we chat with Andrei Polgar about easy-to-understand economics and preparing ourselves financially in an uncertain economy.

PPP118: Understanding Economics With Andrei Polgar

This week’s podcast with Andrei Polgar started out as a video for YouTube, but we ran into some technical difficulties.  Since we had such a great chat, we are making it into a podcast instead so you don’t miss out! After you listen in, don’t forget to check out my Personal Profitability YouTube channel for other awesome videos (link below)!

What We’re Chatting About This Week

In this week’s episode, Andrei and I are jumping into a conversation about the economy, something near and dear to my heart! Andrei is an economist with a PhD and a mission to help people learn about economics via his channel, One Minute Economics.

He’s also going to tell us about his new book, The Age of Anomaly: Spotting Financial Storms in a Sea of Uncertainty, which makes economics easy for anyone to understand. But first, here are some of Andrei’s tips for preparing yourself in an uncertain economy!

Prepare as Early as Possible

You never know when the next economic downturn may happen, it’s best to prepare your portfolio and investments as early as you can- before any panic sets in.

Set Aside Time to Learn About Economics

No matter how busy you are, all it takes is a few minutes a day to educate yourself. Consider starting with Andrei’s YouTube channel or his book (links below)!

Take Action Now

Learning about economics is great and all, but you need to apply your knowledge. You can start generating results that are life-altering!

This Week’s Guest

My name is Andrei Polgar and through my One Minute Economics channel, I do my best to teach people economics in an easy-to-understand manner.

As you watch my videos, you’ll notice I don’t define. Instead, I explain and I try to do it in a way that ensures you won’t forget what you’ve just learned after a week or a month. Unfortunately, economics isn’t being taught properly. Time and time again, people thank me for the work I do and say they *finally* understand economics after watching my videos. From economics students who are sick and tired of passing their exams but not really “getting” economics to non-economists who understand how important the things I’m teaching are and how much they affect their day-to-day lives, my audience is pretty diverse.

All of these people have something in common though: they’re sick and tired of boring textbook definitions, they want to genuinely understand economics. This is precisely what I’m here to help you do… in a minute, mind you 🙂

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PPP118: Understanding Economics With Andrei Polgar