Household Debt is Red Flag, Make Banks Your Friends, and Restaurant Fee for Bad Parenting

With a spike of 1.3% and 3% in the third quarter for household debt and credit card delinquencies, respectively, Gene Marks shares his concern that strong consumer spending is masking the red flags for a potential slowdown in 2024. He also says that small businesses should lean into their banks for advice, especially with changes lenders have made to improve their services. And, if you’re eating at one Georgia restaurant, corral your kids or you could get hit with a surcharge. Listen to the podcast.

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The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.