Today we’re talking about the market crash of 2008 and what we can do to safeguard ourselves from something like this happening again in the future.

 

There are a lot of people, up until this day, that will still shudder when you mention 2008 because they had such a traumatic experience when the crash took place. Regulations had weakened significantly and homes were being sold to people that really couldn’t afford them.

Those people were getting to the point where they could not pay back their debt to the banks, which created a domino effect that ultimately created the collapse. The market will always have its ups and downs, so it’s important that we know what action steps we can take to avoid losing it all as so many people did just a decade ago.

Financial Consultant Extraordinaire, Cheri Blair, joins me today to talk about what we should have learned from the market crash of 2008 and how we can protect ourselves from something like this in the future. She has three action steps that we can start applying in our lives today to stay aware of what’s going on in the economy and how it can affect us financially.

I’m also joined by Tonya Mantooth, CEO and Artistic Director of the San Diego International Film Festival. She shares how the film festival is bringing international cinema to San Diego, spotlighting filmmakers that are taking on important global topics, and connecting people through empathy and their commonalities rather than their differences.

 

We Discuss:

• Dealing with the disruption of both good and bad change in our lives
• The plethora of situations that can often erupt after we experience a traumatic event
• The Market Crash of 2008 – what happened and what exactly set it into motion
• How we can best protect ourselves and avoid a situation like this in the future
• Powerful action steps that can be used as a defensive strategy against substantial risk
• The importance of financial literacy and staying informed on what’s going on in the economy
• The impact that the San Diego International Film Festival is creating surrounding community

 

“One of the most important things you can do is get yourself informed and financially literate.”  –  Cheri Blair

 

About Cheri:

Cheri Blair has been serving and empowering women, business owners, and their families with financial services for over 24 years.

Her journey in the business world began with managing real estate portfolios and quickly evolved into an asset management position.

From there, she became a commercial real estate broker facilitating property sales across Southern California.

Cheri joined MetLife Financial Services in 1994, where she soon realized she had a passion for helping women.

This passion drove her to create and present empowering informational seminars and workshops to educate, support and inspire “Women Financially”.

Cheri focuses on developing plans and options for women, their businesses, and families. Her background in psychology and her strong belief in emotional healing has enhanced her abilities to build strong client relationships.

Relationships are a priority for her, as she truly cares. Understanding what is important to her clients about their money and financial planning matters will always be her number one priority. 

Cheri knows firsthand why it is so important for women to not only understand their finances but also feel empowered and confident when making their own financial decisions. Through her own trials and tribulations, she learned that financial independence is of the utmost importance.

Throughout the years, Cheri’s philosophy has remained the same. She believes client relationships must be steeped in trust. Maintaining a client-centered practice, her client’s needs come first.

Cheri supports, guides, and instructs her clients in making informed financial decisions for today and the future. As she always says “You must value your future comfort as much as you value your comfort today!”

 

About Tonya:

Tonya Mantooth is the CEO and Artistic Director of the San Diego International Film Festival.

In 2012, Tonya and her colleagues took over the San Diego International Film Festival with a two-fold vision – to bring international cinema to San Diego and to grow the San Diego International Film Festival as a significant contributor to San Diego’s economy.

Today, the film festival has grown over 500%.

The festival creates an opportunity for people to see studio films and independent films from around the world, including international filmmakers that are taking on important global topics.  

 

“Film is unique because you can see something from someone else’s perspective and you can develop a sense of empathy, and that empathy is really where people will start talking again.”  –  Tonya Mantooth

 

 

Resources Mentioned:

• CheriBlairFinancialServices.com
• Contact Cheri Blair: (619)-997-0416 or cblair@luciafinancial.com
• Cheri’s complimentary seminar “Women, Money and Beauty” at the San Diego Botanic Gardens   Saturday, November 10, 2018 1:00pm-3:30pm – The first 10 women that sign up will receive a free social security analysis report (just mention Change It Up Radio!)
• BreakingMoneySilence.com/Podcast
•  SDFilmFest.com
• Get tickets or passes for the San Diego International Film Festival – October 10th-14th, 2018
• Listen to Paula’s former show, Transition Radio
• Learn More About Host Paula Shaw